I just got a call from my best friend that evacuated New Orleans on Saturday. He's in Baton Rouge and reports that there's no electricity and that they're pretty starved for info. It'll probably be Wednesday or Thursday before they let people back in NO.
New Orleans itself has once again dodged the bullet in that the none of the doomsday scenarios came true. Though the damage in the city is pretty extensive, its not enough to keep the city down. There isn't a Lake New Orleans yet, since there are still some parts of the city above water. 
I moved out of New Orleans last year about a month before Ivan came ashore. Ivan was supposed to be "the Big One" and Georges was supposed to be "the Big One" back in 1998. Sadly, Katrina may have not been "the Big One" either, but I hope it was big enough for the politicians to realize that they need to put some serious effort into coastal restoration in Louisiana or we may one day have Lake New Orleans.
James, I heard a report that there are two unmanned platforms in the Gulf that have broken free of their moorings. I can't remember where I saw it. I also got a "through the grapevine" report that Thunderhorse platform recorded a wave in excess of 100ft during this storm. I'm not sure if that's true or not, but its what I was told.