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Some Bad And Some Good News On That Radiation Leak
First the bad news:
- It is coming. According to Japan's trade minister a leak will likely take place as the pressure is released imminently by TEPCO.
The good news:
- The radiation released will be small.
It is unclear if the same measurement methods as are used in the calculation of Core CPI will be applied in calculating leakage. As to whether this "small amount" of radiation is alpha, beta or gamma, those interested to find out will get an answer based on the amount of extra fingers grown over the next month.

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http://tvnewsradio.com/blog/internet-tv/japan-tsunami-watch-and-follow-l...
Excellent!
Thank you! Sad that I chose Al Jazeera as my first streaming choice.
This situation in Japan is tragic. Does anyone know if Chairman Kaga and the Iron Chefs are OK?
"...will get an answer based on the amount of extra fingers grown over the next month" LOL-okay that's funny.
Heh - maybe we'll all get smarter! hahahahaha This tsunami's sure putting a damper on the day of rage planned elsewhere. As Cramer said (on Seinfeld): Mother Nature - she's a mad scientist!!!
What SWRichmond wrote is correct. It won't be Chernobyl, but rather a Three Mile Island, unless the fuel core has been breached. (There's no report to that effect, and cores are built to withstand much worse than this quake.)
So there will be a large amount of steam and a small amount of radioactivity released. With nuclear products in the steam (not U-235 or such input fuel), the radiation will be gammas (energetic photons).