I'm not sure that the Venus scenario is all that likely. I think the Permian/Eocene scenario is much more likely.
wa:do
Since you mentioned the dangers of sudden release of methane clathrates or hydrates previously, it's worth noting this report that just popped up a few days ago about the PETM:
Methane May Be Answer to 56-Million-Year Question: Ocean Could Have Contained Enough Methane to Cause Drastic Climate Change
ScienceDaily (Nov. 9, 2011) — The release of massive amounts of carbon from methane hydrate frozen under the seafloor 56 million years ago has been linked to the greatest change in global climate since a dinosaur-killing asteroid presumably hit Earth 9 million years earlier. New calculations by researchers at Rice University show that this long-controversial scenario is quite possible.
While the event that began the carbon-discharge cycle remains a mystery, the implications are clear, Dickens said. "I've always thought of (the hydrate layer) as being like a capacitor in a circuit. It charges slowly and can release fast -- and warming is the trigger. It's possible that's happening right now."
That makes it important to understand what occurred in the PETM, he said. "The amount of carbon released then is on the magnitude of what humans will add to the cycle by the end of, say, 2500. Compared to the geological timescale, that's almost instant."
"We run the risk of reproducing that big carbon-discharge event, but faster, by burning fossil fuel, and it may be severe if hydrate dissociation is triggered again," Gu said, adding that methane hydrate also offers the potential to become a valuable source of clean energy, as burning methane emits much less carbon dioxide than other fossil fuels.
For some crazy reason the global warming deniers think the rapid (in geologic time scales) spike in global temperatures during the PETM means that we have nothing to worry about regarding the human-caused spike in greenhouse gases and temperatures today. Nevermind that there were no humans or primate ancestors around at that time -- a similar sudden release of methane from permafrost and deep ocean sediments today would wipe out the global agribusiness system we have now...which is struggling right now to maintain present levels of production of grains and other basic commodities. And, with our 7 billion people, cities, and thousands of miles of roads and highways blocking animal migration routes, an increase in temperatures similar to the PETM would greatly accelerate the present extinction that is already under way.
But, sudden releases of stored methane in permafrost and ocean sediments are not the only places to worry about; even more temperate zones have large carbon sinks that could be unleashed at some point in the future when temperatures hit the level where stored carbon is released back into the atmosphere:
Long-Term Carbon Storage in Ganges Basin May Portend Global Warming Worsening
ScienceDaily (Nov. 9, 2011) — Woods Hole Oceanographic Institution (WHOI) scientists have found that carbon is stored in the soils and sediments of the Ganges-Brahmaputra basin for a surprisingly long time, making it likely that global warming could destabilize the pool of carbon there and in similar places on Earth, potentially increasing the rate of CO2 release into the atmosphere. The study, published in the current online edition of Nature Geoscience, examined the radiocarbon content of river sediments collected from the Ganges-Brahmaputra system draining the Himalayas.