What are you comments regarding the possible Flu Pandemic of H5M1?

The following three conditions must be satisfied to be considered an pandemic:
1. Flu must emerge from an animal, and has never previously affected humans
2. The Flu must make humans sick
3. The Flu must be highly contagious

So far, the first two conditions have been satisfied. The medical community awaits word on if the third condition also holds true for H5M1.