I don't think it's a terrorist act.
Could it be the plane got badly out of course and was accidentally shot down by the military somewhere, and they don't want it to be found?
It seems the Malesian and Vietnamese authorities read news about the planes whereabouts in US newspapers.
Does it mean the US has better tracking of even passenger planes everywhere than the local air traffic control and military?
If the plane really kept on flying several hours after it vanished from radars (as the US newspapers say/based on info from US authorities??) it must have happened peacefully, otherwise the passengers had surely sent SMS or used their mobile phones somehow.
So, my guess is that whatever happened at the final stage, it happened suddenly, in two-three minutes. Before that there was nothing alarming taking place inside the plane.
The action movie version is, of course, that the plane is on some jungle airport and will be used for some kind of an operation soon.
Craigb: AFAIK flying is clearly the safest way to travel only if you count the miles. If you count the trips taken, the graphs look different. Who of us thinks that way? Does it matter if you crash on a local flight or on the way to Beijing?
EDIT. I did just find an article that says I'm wrong, per trip or per mile, air travel is safest.