1. Who hangs around the front gates of a leaking nuclear power plant for a year at a time?
lol good point. Though I mentioned the reading at the gate largely due to a lack of up to date and plausible readings from farther away However this reading is way above the levels of contamination that the soviets used to justify abandonment of multiple cities after their two worst disasters. It wouldn't prevent the continued operation of reactors 5 and 6, but you wouldn't want to live nearby if the contamination has spread beyond the front gate much.
2. Will the levels even stay that high for a year?
No, the short lived isotopes will decay away, and some of the contamination will wash away into the ocean. The levels will drop off sharply for a month or two (once the leaks are fixed) then level off a lot waiting for the much longer halflife of the longer lived isotopes. Will still probably be well above the 250 mSv per year limit though.
3. How does it compare with other health risks?
Actually that is a subject of much debate. It depends on more variables then you can really consider easily. For instance, iodine radioisotopes are extremely dangerous in low concentrations to infants. The younger you are exposed, the much much greater the risk of thyroid cancer becomes. So for that (short lived) isotope, the risk is much greater. But again, nobody is going to bring their 6 month old baby to hang out at the front gate of a leaking nuclear plant. lol Also granted thyroid cancer is probably the easiest of all cancers to cure. My boss actually had thyroid cancer last year. The cure? um ironically, radioactive iodine....... (after surgery to remove the thyroid completely)
Then you have cesium 137, a long lived isotope that last 30 years, yet it collects in the muscles, which are not prone to cancer so much. while there are a lot of other decay products that are quite bad (strontium 90 comes to mind), the cesium and iodine are the two that seem to be getting the most press info lately. While cesium ingested appears to not be so bad, exposure to the skin might increase the odds of skin cancer.
However to what effect depends on who you listen to. Some people firmly believe in the "no threshold" concept, where all radiation is bad, and statistically increases the odds of cancer at any dose proportionately. Then you have the crowd who believe that there are firm radiation exposure thresholds that levels below are harmless, and levels above are bad. Both sides seem to attempt to statistically prove their views. *shrug* given just how much we poison ourselves with how many nasty things in our environments from a myriad of sources, it's hard to statistically prove anything was caused by radiation, and not some other carcinogen. (read: futile) The exception seems to be iodine radioisotopes since they target exclusively the thyroid, and are easy to single out. But again, it's easily cured for the most part.
So the variables you have are: age of the exposed person. What element you are exposed to, dosage of the exposure, duration of the exposure, and location of the exposure (internal/external) Also there is the density of the exposure. a mSv of exposure spread over your entire body, might not have the same effect as a more localized and concentrated dose. I've seen nothing addressing this anywhere, but it seems logical that the power density in the radiation must have a part to play as well. Also which theory is correct, threshold or no threshold? While I personally believe there must be a threshold somewhere, I've found little non-conflicting data on what this threshold is. And these variables are just the radiation side of the equation, let alone the myriad variables associated with every other health risk we face because of just what we do to ourselves and the planet.... =/
*shrug* Pinning down with online reading just how bad any of this is, seems to be rather hard to do. The absence of concrete data seems to be an indication that it can't be as bad as people make it out to be. However people feel panic and fear about radiation, and while that is an irrational response, it is no less a danger and hazard of radiation for that. The panic will do more damage then the radiation. So until the time that the general public can act responsibly and rationally (read: when hell freezes over), one of the hazards of radiation will continue to be the fear and terror people feel about something they can't see but believe can hurt them.
I would agree that the threat from radiation is probably heavily overstated, but for all that, the numbers still seem to be twisted by both sides, which makes it harder to trust either side.
@moonshadow, that seems to be a *very* reasonable statistic for comparative use. got any links to statistics on it?
Ok, I just looked at this epic long babbling post. My apologies to anyone who actually reads it all. I blame too much blood in my caffeine stream.

time to fix that. (reference above mention of "just what we do to ourselves and the planet)