There's heavy evidence there's already been a mass extinction once from an asteroid.
> I can live with the odds.
You may be able to, but a lot of people don't want to gamble the existence of the human race if there's a chance we don't have to.
You may also live with the odds of no backup to a database, but others here will attest to the importance...
> Let's face it: space exploration is cool, that's all. No need to find excuses :)
Well, you asked "why do this and not focus on Earth", so I gave you one reason.
But yes, I agree, space exploration is cool all on it's own, so I don't see what the complaint is.