I hear you guys. I certainly keep an eye on everyone every morning and evening. So far, there have been no cory casualties. The oscar so far has shown no aggression toward anyone. I have a QT/growout tank ready at all times in case I need to act swiftly and move fish. It's a fairly heavily planted tank, so the smaller fish have plenty of opportunities to hide out and thrive in places that the oscar cannot access.
Moving the oscar is also always an option. My wife would be pissed, but it's an option. Maybe once the severums are grown, I may change course and move the Oscar out. I will say, though, that the 2.5" severum that I have growing out is every bit as voracious of an eater as the 10" oscar. The sev chases everyone else away at feeding time, whereas the oscar does not.