So the expected infection happened. My doctor looked at it yesterday and traced the infection line with a Sharpie and put me on antibiotics. Last night the infection line had grown to my armpit (from my elbow) so I was a bit shocked. This afternoon though, after the antibiotics kicked in, the red swollen infection has diminished.
So ya, I'm going to live. I'm thinking of running on Monday as I still can't really bend my arm without quite a bit of pain. No rush to get back to it.