What you need to know about Meltdown and Spectre

[dai_trying]

As nobody else has mentioned it (unless i missed it) you can install the package spectre-meltdown-checker (in debian based distros) from stretch backports and it will give you some indication of your vulnerability status, The 4.9.0.6 kernel (4.9.82) that I am using appears to have all the patches in place although I don't know how safe that would make the system or whether you would still need a bios fix but it is a little reassuring to know the kernel updates have helped (apparently).
My results...

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Hardware check
* Hardware support (CPU microcode) for mitigation techniques
  * Indirect Branch Restricted Speculation (IBRS)
    * SPEC_CTRL MSR is available:  NO 
    * CPU indicates IBRS capability:  NO 
  * Indirect Branch Prediction Barrier (IBPB)
    * PRED_CMD MSR is available:  NO 
    * CPU indicates IBPB capability:  NO 
  * Single Thread Indirect Branch Predictors (STIBP)
    * SPEC_CTRL MSR is available:  NO 
    * CPU indicates STIBP capability:  NO 
  * Enhanced IBRS (IBRS_ALL)
    * CPU indicates ARCH_CAPABILITIES MSR availability:  NO 
    * ARCH_CAPABILITIES MSR advertises IBRS_ALL capability:  NO 
  * CPU explicitly indicates not being vulnerable to Meltdown (RDCL_NO):  NO 
  * CPU microcode is known to cause stability problems:  NO  (model 23 stepping 10 ucode 0xa0b)
* CPU vulnerability to the three speculative execution attacks variants
  * Vulnerable to Variant 1:  YES 
  * Vulnerable to Variant 2:  NO 
  * Vulnerable to Variant 3:  YES 

CVE-2017-5753 [bounds check bypass] aka 'Spectre Variant 1'
* Mitigated according to the /sys interface:  YES  (kernel confirms that the mitigation is active)
* Kernel has array_index_mask_nospec:  YES  (1 occurence(s) found of 64 bits array_index_mask_nospec())
* Kernel has the Red Hat/Ubuntu patch:  NO 
> STATUS:  NOT VULNERABLE  (Mitigation: __user pointer sanitization)

CVE-2017-5715 [branch target injection] aka 'Spectre Variant 2'
* Mitigated according to the /sys interface:  YES  (kernel confirms that the mitigation is active)
* Mitigation 1
  * Kernel is compiled with IBRS/IBPB support:  NO 
  * Currently enabled features
    * IBRS enabled for Kernel space:  NO 
    * IBRS enabled for User space:  NO 
    * IBPB enabled:  NO 
* Mitigation 2
  * Kernel compiled with retpoline option:  YES 
  * Kernel compiled with a retpoline-aware compiler:  YES  (kernel reports full retpoline compilation)
> STATUS:  NOT VULNERABLE  (your CPU vendor reported your CPU model as not vulnerable)

CVE-2017-5754 [rogue data cache load] aka 'Meltdown' aka 'Variant 3'
* Mitigated according to the /sys interface:  YES  (kernel confirms that the mitigation is active)
* Kernel supports Page Table Isolation (PTI):  YES 
* PTI enabled and active:  YES 
* Running as a Xen PV DomU:  NO 
> STATUS:  NOT VULNERABLE  (Mitigation: PTI)

A false sense of security is worse than no security at all, see --disclaimer

[tlmiller]

Here's mine on my Debian Testing system (does have the bios updates)

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Spectre and Meltdown mitigation detection tool v0.35

Checking for vulnerabilities on current system
Kernel is Linux 4.14.0-3-amd64 #1 SMP Debian 4.14.17-1 (2018-02-14) x86_64
CPU is Intel(R) Core(TM) i5-5300U CPU @ 2.30GHz

Hardware check
* Hardware support (CPU microcode) for mitigation techniques
  * Indirect Branch Restricted Speculation (IBRS)
    * SPEC_CTRL MSR is available:  YES 
    * CPU indicates IBRS capability:  YES  (SPEC_CTRL feature bit)
  * Indirect Branch Prediction Barrier (IBPB)
    * PRED_CMD MSR is available:  YES 
    * CPU indicates IBPB capability:  YES  (SPEC_CTRL feature bit)
  * Single Thread Indirect Branch Predictors (STIBP)
    * SPEC_CTRL MSR is available:  YES 
    * CPU indicates STIBP capability:  YES 
  * Enhanced IBRS (IBRS_ALL)
    * CPU indicates ARCH_CAPABILITIES MSR availability:  NO 
    * ARCH_CAPABILITIES MSR advertises IBRS_ALL capability:  NO 
  * CPU explicitly indicates not being vulnerable to Meltdown (RDCL_NO):  NO 
  * CPU microcode is known to cause stability problems:  NO  (model 61 stepping 4 ucode 0x2a)
* CPU vulnerability to the three speculative execution attacks variants
  * Vulnerable to Variant 1:  YES 
  * Vulnerable to Variant 2:  YES 
  * Vulnerable to Variant 3:  YES 

CVE-2017-5753 [bounds check bypass] aka 'Spectre Variant 1'
* Mitigated according to the /sys interface:  NO  (kernel confirms your system is vulnerable)
* Kernel has array_index_mask_nospec:  NO 
* Kernel has the Red Hat/Ubuntu patch:  NO 
* Checking count of LFENCE instructions following a jump in kernel...  NO  (only 2 jump-then-lfence instructions found, should be >= 30 (heuristic))
> STATUS:  VULNERABLE  (Kernel source needs to be patched to mitigate the vulnerability)

CVE-2017-5715 [branch target injection] aka 'Spectre Variant 2'
* Mitigated according to the /sys interface:  YES  (kernel confirms that the mitigation is active)
* Mitigation 1
  * Kernel is compiled with IBRS/IBPB support:  NO 
  * Currently enabled features
    * IBRS enabled for Kernel space:  NO 
    * IBRS enabled for User space:  NO 
    * IBPB enabled:  NO 
* Mitigation 2
  * Kernel compiled with retpoline option:  YES 
  * Kernel compiled with a retpoline-aware compiler:  YES  (kernel reports full retpoline compilation)
> STATUS:  NOT VULNERABLE  (Mitigation: Full generic retpoline)

CVE-2017-5754 [rogue data cache load] aka 'Meltdown' aka 'Variant 3'
* Mitigated according to the /sys interface:  YES  (kernel confirms that the mitigation is active)
* Kernel supports Page Table Isolation (PTI):  YES 
* PTI enabled and active:  YES 
* Running as a Xen PV DomU:  NO 
> STATUS:  NOT VULNERABLE  (Mitigation: PTI)

A false sense of security is worse than no security at all, see --disclaimer

[crosscourt]

Bios updates are the clincher as you can mitigate by other means but particularly with pcs like mine thats simply not enough.

Dell has been great and way ahead of the curve. so most of my systems are fine.