Well as it stands now, you shouldn't be.
It MIGHT drop snow, but it'll bring inches and inches of rain and hurricane winds, which will FUCK SHIT UP. We could be talking something far more destructive than Irene, because it has the potential to flood AND take out power with heavy winds, ice and snow.
So yeah, I'm certainly going to be ready for the snow part with my touring gear should that pan out, but you're kidding yourself if you think this is just going to be a cool snowstorm and shit's gonna be fine. I'd be getting my shit together if I were you. You may be without power andheat for several days depending on how things turn out.