The best I've seen lies behind these two links:
Winds of Change has this reading on the final scale of the disaster. Minimum projection: forty thousand dead, nine cities lost. If you think that's too high, read up.
The Belmont Club has an analysis of preventative measures taken for the hurricane. They were designed to stop a Cat. 3 hurricane. They were not designed for a Cat. 4 or 5, because the technology needed to save New Orleans from one won't exist for decades.
Both blogs have other impressive pieces on topic. But those two should be required reading.
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