Well no it's not as contagious as some things, I don't think any expert ever thought it would be, popular fears perhaps (my fears sometimes), and it's even less contagious with all the measures being taken. And that's why the death toll isn't even higher, most people have still never been infected. It's not so much that it's not so deadly as anticipated, it can be deadly (though not Spanish flu level), it's more that it doesn't seem to spread quite so readily as one might fear with the measures being taken.