Herschel Smith over at the Captains Journal is posting some excellent updates on the current status and progress of the containment efforts being made at the Fukushima Reactor plant. He is doing a much better job than the main stream media at assessing the situation given the available information.
As he points out: "The Japanese are performing heroically, and the main stream media will catch up in several days (or weeks). The current efforts are focused on radiological source term and thus dose mitigation, not the prevention of core melt events."
UPDATE: A great chart that brings radiation exposure into context.