Scary, yes. But it's funny really in some regards, when you think about our tolerance to risk - I live practically on top of the Alpine Fault yet barely give it a second thought. And we're up in Auckland for the weekend - I was surprised to discover that Rangitoto Island is only 600 years old - 2M+ people living 'on' a barely dormant volcano is kinda terrifying.
I'm sure there's a name for the formal Fallacy that applies here - Acceptable Risk maybe?