This is what I see:

A hurricane that looks weak on satellite photos.

No CDO.

The storm is starting to move over cool waters.

Dry air is encroaching from the west.

It may be only a wobble, but the storm may want to
move more north... meaning more cold water to deal
with before landfall.

Smartly, NWS Morehead City, which is in the model's
bullseye, is forecasting only 65 mph sustained winds
with higher gusts.

Possible results?

Isabel only a tropical storm or weak hurricane at
landfall, but with a large wind field. Wind damage,
however, will be light.

The only dangers will be storm surge, inland flooding,
and damage to mobile homes.