All things considered LAX seems to be holding up well. The only airport thus far that had significant cancellation is SNA.
SAN is supposed to get the brunt of the storm soon, hopefully my flight in 2 hours won't have any issues.
I am starting to think this travel waiver is more about those originating their trips from socal rather than those going there or operational issues. From what I gather it is very dangerous to drive to/from the airports given the drainage system on the roads isn't really designed for storms like this one.