To somewhat Echo Soundwise's sentiment:
It's not necessarily that Y2K wasn't real... but that there was SO much media hype that you'd think the Earth was going to stop spinning.
In the case of Meltdown, the real-world hit for most desktop-users is so small that it's not worth the worry.
First, make sure you have a current backup (prior to installing the patch and firmware update).
You can then apply the patch... and compare performance.