Any network outages are localized and remedied quickly. Some homes can't program their VCRs, but they never could anyway. The only fatalities related to Y2K are due to an avalanche crashing down the slopes and into a survivalist compound. Bowl games are played. Blimps are flying.
Financial institutions perform their functions.
The fear of legal liability has once again scared business and government alike to put their house in order. The worst problems will come from lack of clear information as to the sources of the problems that ensue. Foreign hackers, organized crime and terrorists will attempt to wreak havoc and the media will have a difficult time categorizing the problems. Financial markets, if they can prevent external intrusions, should work well. Events in 1999 will give a forecast as to how normal problems will unfold.