Homeland security and the Great LA Quake of 2008

If LA had Magnitude 8 quake next month, would we be ready?

BBC NEWS | Science/Nature | Quake fears for south California

...If all the strain was released at once, it would have enough energy to unleash a magnitude-8 earthquake - roughly the size of the devastating 1906 quake in San Francisco.

...Quakes are predicted to occur on the southern part of the fault every 200-300 years. And according to Professor Fialko, the observed movement on the fault is on a par with the maximum amount of shift the fault has ever experienced between quakes.

I put the "IF" in bold because it sounds like a Magnitude 8 quake is a worse case scenario. It might be more likely that only a part of the slippage would occur. All the same, it would be good to know if LA is ready. It could be tomorrow, it could be 2008, but it sounds like sooner than 2016. I wonder if they've published a probability curve ...