8.9 Magnitude Earthquake Hits Japan + Tsunami and Alerts

You missed the point entirely. The reactor should have been taken down years ago, but instead the japanese government decided that they would push the plant to it's limits.
Age may or may not have been a contributing factor today, but the point is that it shows the poor choice of the government, and there are claims that they have a history of poor choices. Their poorest choice, obviously being the design and location of the power plants.

I did not. I am saying that they have handled the situation here correctly. No matter whether it was wrong or right to keep the reactor going, it still didn't have any radiation leakage which may be harmful to any human.

Also, before playing the "it was too old"-card, could you please elaborate why it matters that this reactor is 40 years old? It's not like they have been using the exact same tools and items for 40 years, they have changed them.

And I'll bring this up again, according to ABC regarding events of 2003:
"But they were serious in the sense that lives were threatened, systems broke down, there were failures to report and there were cover-ups. People pretended things hadn't happened."

Even though this is true, it still does not matter - they managed the current situation they had correctly and well.

Edit: Cold shutdowns:
http://www.world-nuclear-news.org/RS_Col...03112.html
http://www.iaea.org/newscenter/news/tsun...ate01.html

Which means we don't have to worry about those reactors anymore for now.