Jay and others interested:
The description Jay quoted, although dramatic, is generally accurate if the Yellowstone caldera lets loose once again.
Geologists rank volcanic eruptions by the VEI (Volcanic Explosivity Index). This is based on the volume of volcanic material ejected, how high the ejecta is blasted, and how long the eruption continues. The scale goes from 0 to 8. An increase of 1 indicates a 10 times more powerful eruption. Mt. St. Helens was a 5.
During the last 450 my, there have been 47 eruptions of VEI–8 magnitude or above, of which 42 eruptions are known from the past 36 million years, but none within the last 10,000 years.
The caldera eruption at Yellowstone (640,000 years ago) was an 8 as was the earlier Huckleberry Ridge eruption in Yellowstone 2.2 million years ago.
Looking globally, 'only' 73,000 years ago, Mt. Toba in Sumatra blew its top (probably the biggest eruption in the past 25 my (this would have been a VEI of 8+, three times the size of of the Yellowstone eruptions.) This catastrophic eruption, and the resulting global climate change (drop of 3+ degrees Centigrade), wiped out most humans, according to recent DNA evidence. Human population was apparently reduced to a few tens of thousands. All humans today are closely related, descendants of those few survivors. Consequently we all share very similar DNA.
So, the odds of a major blast at Yellowstone in our lifetime, is mighty slim (not impossible, but as you said, look out driving to work - far more likely to have a calamity driving your car).
Now, more thoughts about the quake swarm of the past week in Yellowstone. As a generality, small quakes are reckoned by geologists as a good thing - they release pressure, building on a fault zone, in small increments preventing the buildup of massive pressure on a 'locked' fault. However, in some unusual cases, quakes are precursors to a bigger shock.
The recent quakes in Yellowstone have mostly been very shallow (although still within the magma chamber) - they probably aren't precursors since the rock at that depth is very hot and would probably yield to increased pressure by plastic deformation rather than lock and then snap. More likely, the quakes are the result of 'adjustments' within the magma chamber to the 'invasion' of water from the surface - hydrothermal 'burps.'
The geysers and hot springs of Yellowstone (many under the lake, and we show photos of some of those we spotted on our depth sounder last summer) result from this 'invasion' of water into the magma chamber. Sometimes this hydrothermal activity is explosive on the surface. Such 'explosions' have been observed since folks have been in Yellowstone. One area, at the north end of the lake, has been swelling, probably due to water 'invasion,' and could explode any time. Perhaps these recent quakes are related to that swelling area. Now we need to see more data to indicate whether that area (near Marys Bay) is swelling more.
If it blew it could be rough locally (tsunamis on the lake, hot steam suddenly venting) but would not have widespread affects.
So, from the info I have, not to worry -- odds are slim -- but it bears study and awareness.