As I mentioned in the data thread, we need to monitor the numbers being admitted because of Omicron and, more importantly, the numbers being admitted to ICU and requiring oxygen.
On a separate point, with so many people testing positive and so many more presumably asymptomatic/not testing officially, there will very quickly be a phenomenal amount of anecdotal information doing the rounds that the symptoms are manageable and, for the overwhelming majority, do not require hospitalisation. That in turn will make it much more difficult for the government to introduce further restrictions and will also see growing numbers of people cock their snook at the ones in place. Going to be a difficult situation to manage.