In that article's terms, I think you are using case fatality rate (CFR), and they are estimating the infection fatality rate (IFR). Ie your chances of dying if you get infected is the IFR, not the CFR.
This article says the IFR is between 0.5% and 1%, and explains a bit why earlier estimates have been all over the map.
For the "it's just a flu" nuts, note that the flu's IFR is about 0.1%, among all the other things that make covid more dangerous.
So, basically, you are saying that COVID is only about 5-10 times more deadly than a flue. Or, in other words, the probability someone dies from COVID this year is the same as he will die from flue in the next 5-10 years. If it is, indeed, the case, then what all this fuss is about??? Even if we take into account that there is a vaccine from flue that is about 80% effective and no vaccine from COVID, the ratio of probabilities increases from 7.5 to 30, i.e., a probability you die from COVID this year is the same as you die from flue in the next 30 years. Still I do not see what the fuss is about.