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34 million vehicles recalled for airbag replacement. What could go wrong?

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It is been decided that the airbags made by Takata in almost 34,000,000 United States vehicles are defective.    http://www.cbsnews.com/... That means those vehicles will be recalled to have their airbags replaced. What could go wrong?

I'm surprised how scant and superficial the reporting on this has been so far, so I've tried to come up with some "ballpark" estimates of the possible cost and public safety impact.  If anyone sees errors in my math or can offer refinements to my estimates and wild guesses, I'll be grateful for enlightenment.

Here's a link to the NHTSA's new web site where you can enter a vehicle serial number and see if there's a recall on it.  https://vinrcl.safercar.gov/...  (By the way, I found those numbers for my family's cars on the proof of insurance that I carry in my wallet.  It's a convenient place to look.)


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