it depends who you look at their opinion.
The government sources are being none committal and are protecting the population as much as the can from themselves but the gas seems to be getting a bit much in some areas.
The gifted amateurs are commenting on the huge dropping of the caldera and there seems to be mixed ideas what this means as every time there is a drop off in activity it drops and starts again. They are say the top mass of the caldera maybe so soft now it doesn't create quakes when it moves.
The one they seem to be most worried about is the main caldera going with 850m of ice on the top of it. And opinions vary between 60%-95% if its going to go.
Just now they are reporting there maybe a small eruption under the glacier but there has been no flood water yet.
http://www.jonfr.com/volcano/
Just been updated, he seems to be a gifted keen amateur and has been pretty spot on so far.