if concern about safety issues WON'T shut down reactors (or require redressing the safety deficit), then we'd all better be investing in escape hatches. The issue of older reactors is present around the world and hasn't, IMO, been fully addressed.
A degenerating reactor vessel is a recipe for disaster. An accident that could be innocuous or cause very small emissions in a vessel with full integrity could prove very dangerous in such a vessel.
At Fukushima Daaichi, they came very close to total disaster:
http://mdn.mainichi.jp/mdnnews/news/20111130p2g00m0dm147000c.htmlBut remember, the reactor vessels at 1, 2 and 3 were also subjected to very high pressures. The combination of weakened structure and an erosive/corrosive event could be terrifically dangerous - resulting in rupture. There is no need to run such a risk. It's not as if older reactors aren't decommissioned often enough.
We still, btw, do not know quite what happened at reactor 2. From TEPCO documents, it appears that they think the torus ruptured under the floor. I don't suppose we'll find out for some time. You can replace most reactor vessels in entirety, although I do not believe that would be done at this reactor. But you also have the issue of aging in other portions of the structure.
There are other reactors at Genkai NPP:
Reactor 4 is operating and scheduled to go to full power soon. I see no reason to run any additional risk with reactor 1.
Btw, I expect the utility co shareholders to start exercising more caution in Japan. The TEPCO losses have made shareholders far more safety-conscious too.