It's true, Torino scale 4 now.
2004 MN4 Impact Risk
http://neo.jpl.nasa.gov/risk/2004mn4.html
What is remarkable is that the media makes a big story out of tiny rocks that come nowhere close to impacting the earth on a regular basis, and yet here is a rock the size of a small mountain with a real possibility of impact and the media hasn't said a word. I'd think they would be loving this.