Today is a day of mourning in Australia for tsunami victims and John Quiggin is donating $1 to Australian Red Cross tsunami appeal for each comment left at this post on his blog. I know we have some redoubtable commenters here---go and do your stuff!
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Update 2: PTWC has cancelled the regional warning. A tsunami was in fact generated, but the waves have been measured and are very small (about 1.5 inches in height).
OK, you can go back to lower ground now. The warning has been canceled.
From the BBC: