I don't expect the fees to rise significantly. After some initial mega-jams, things should settle down with the average traffic somewhat below the capacity (say, 2.6 tx/s, as in my example). In that state, the minimum fee will usually provide confirmation within a day, and confirmation in less than 1 hour will usually be achieved with relatively modest fees. The traffic will not increase further because of the unpredictable delays, which will occur even if everybody ends up paying 100 $/tx of fees.
I wonder what's going to happen to the price during these megajams. By which I mean I wonder if it will fall, drop, plummet or crash. Gox took us to the moon because BTC was the only exit. OTOH, if FIAT is the only exit, it's reasonable to assume the reverse will happen.