Could Katrina Join Cat 5 Club?

There is a sinking feeling I always get when I see a storm like this heading toward a populated area.
As of 11 pm, the National Hurricane Center has the center of the track still heading towards New Orleans. But the latest models suggest the storm is heading towards Mobile. Either way there will be a lot of suffering from this one. Katrina will likely be a solid category 4 storm at landfall, and may end up category 5. That's a rare event. Only three times in recorded history have we had cat. 5 at landfall. The 1935 Labor Day Hurricane that struck the Florida Keys. 1969's Camille, and 1992's Andrew.
Katrina looks like a buzzsaw, maintaining a lot of strength well inland. NHC has it holding Tropical Storm strength all the way to the TN / KY border. http://www.nhc.noaa.gov/refresh/graphics_at2+shtml/204748.shtml?5day?large
That means any shift in path east means we could have our hands full. So this storm needs to be monitored very closely. Stay tuned for each updated Channel 3 Storm Alert 5-Day Forecast.