It took us a couple of hours of discussions before we came to a decision: we would still go.
We've had plans brewing for a significant work-from-Europe trip for some time, and we learned yesterday that the linchpin of the entire trip had collapsed, leaving us with a major hole in the middle of our itinerary, and a 100% plausible opportunity to seek refunds and not travel. That, coupled with the knowledge that coronavirus has come to Italy—our first stop—meant we needed to make major decisions, and fast.