Dano, that is a great story. I've always viewed my diabetes the same way - as an inconvenience, not a death sentence. It takes discipline to manage, and certainly there are very serious risks if it's not managed properly, but like you said it could be A LOT worse.
But I do understand how it can be scary for a parent when their child is diagnosed with diabetes (or any disease for that matter). My diagnosis freaked my mom out more than it did me, and for the first few years she blamed herself for not "doing something" to prevent it. But over time she came to accept that she couldn't have done anything.
I believe that the best way to control your diabetes is through education and awareness - both on your own and with the help of a good team of diabetes professionals. A good "diabetes" lifestyle is really just a healthy lifestyle, and there's no reason diabetes should stop anyone from living an active, successful life.