Joe Bastardi on FoxNews just said that the brunt of this is likely to miss New Orleans to the east. Still, there will be some storm surge from Lake Pointchange (sic) and likely the city will be under some water - probably 10-15 feet - but not the catastrophe others are predicting.
Gulfport, MS is looking to get the brunt right now. Almost certainly a bigger storm than Camille and that is saying a lot.