Also, we don't know how many people have been infected. I'm guessing for the flu we have better estimates, as it has been tracked for decades. Besides, "flu" has been a diagnosis commonly used by doctors whenever the symptoms fit. I was told I had a flu by a doctor more than once without any blood tests. So we might have another order of magnitude correction once more data is available.
Yes, it's better be safe than sorry, I get that. However we probably shouldn't use mortality rates as the main reason to panic (or not panic). I shouldn't have done that in my previous comments.