Repost of 11AM Update:

Emily's center of circulation has outrun the convection shield, and is very vulnerable as it moves west.

If it survives the next day or two it will enter a slightly better position to recover, and the current forecast track still takes it east of Florida, but has moved much closer.

If it does reach near Florida without falling apart, it will likely be on the weak side. The current official track takes it across the western part of Haiti, clipping the eastern edge of Cuba,
Then system begins to curve northward toward the Bahamas and clips Andros island, and then recurves out to sea. The closest point to Florida has it as a 60MPH Tropical Storm around 8AM Saturday morning.

The amount of rainfall that Hispaniola, Puerto Rico likely will receive will be great.

In short, the issue today is determining if Emily will survive, and how strong will it be if/when it exits the Caribbean. Until then, the forecast beyond is very speculative and uncertain.