The sun is currently showing two significant spots, though activity is generally quiet. Current SSN is 30, and Sunspot AR1667 (on the left) is in decay, and it is no longer crackling with C-class solar flares. Credit: SDO/HMI
First the current data from the NOAA Space Weather Prediction Center. The SSN rebounded moderately in January:

Radio flux rebounded about the same amount as the SSN:

The Ap geomagnetic Index is still quite low, showing only a miniscule rebound.

NASA’s David Hathway updated his forecast page on Feb 1st and had this to say:
The current prediction for Sunspot Cycle 24 gives a smoothed sunspot number maximum of about 69 in the Fall of 2013. The smoothed sunspot number has already reached 67 (in February 2012)due to the strong peak in late 2011 so the official maximum will be at least this high and this late. We are currently over four years into Cycle 24. The current predicted and observed size makes this the smallest sunspot cycle since Cycle 14 which had a maximum of 64.2 in February of 1906.
Here is the latest Hathaway graphic:
Other data of interest from the WUWT Solar Reference Page:
I find the fact that TSI has been decreasing over the last three months curious.
The polar magnetic fields seem to be at the point of flipping now, suggesting solar max has been reached.
UPDATE: Credit where credit is due. Svalgaard et al predicted this scenario in 2004:
Sunspot cycle 24: Smallest cycle in 100 years?
Leif Svalgaard,1 Edward W. Cliver,2 and Yohsuke Kamide1
Received 3 October 2004; revised 10 November 2004; accepted 9 December 2004; published 11 January 2005.
Abstract:
Predicting the peak amplitude of the sunspot cycle is a
key goal of solar-terrestrial physics. The precursor method
currently favored for such predictions is based on the
dynamo model in which large-scale polar fields on the
decline of the 11-year solar cycle are converted to toroidal
(sunspot) fields during the subsequent cycle. The strength of
the polar fields during the decay of one cycle is assumed to
be an indicator of peak sunspot activity for the following
cycle. Polar fields reach their peak amplitude several years
after sunspot maximum; the time of peak strength is
signaled by the onset of a strong annual modulation of polar
fields due to the 71=4 tilt of the solar equator to the ecliptic
plane. Using direct polar field measurements, now available
for four solar cycles, we predict that the approaching solar
cycle 24 (2011 maximum) will have a peak smoothed
monthly sunspot number of 75 ± 8, making it potentially the
smallest cycle in the last 100 years. Citation: Svalgaard, L.,
E. W. Cliver, and Y. Kamide (2005), Sunspot cycle 24: Smallest
cycle in 100 years?, Geophys. Res. Lett., 32, L01104, doi:10.1029/
2004GL021664.
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1phobosgrunt says:
February 8, 2013 at 8:43 pm
The “standard problem”?? Like try and picture old Sol without the galaxy it is embedded in.
No, that is a misrepresentation. There are lots of things in the galaxy that influences the Sun, e.g. supernova explosions changing cosmic ray intensity, but the lack of a bow shock is not one of them, as are also not magnetosonic interactions at the boundary.
Lots of new data and info from 2012 until now
None of those have any bearing on solar activity. The solar wind is very effective in screening us. But, the new data give people a lot a straws to grasp at.