I wish you'd quit mumbling, Dave. I can barely understand you.
On the hearing rap, my wife says I just don't listen to her. At least I think that's what she's saying.
Seriously, as you said, your other senses will have to be used to compensate. We used to play a little drill when I was a kid that had its origins in spy movies of the time (bete noir, of course). There are a lot of techniques that you can use to "see behind you" such as reflections in reflective surfaces in front of you, shadows, sudden reversal of direction of travel, subtle scanning, etc.
See the article at
http://www.moreintelligentlife.com/node/897While it's not spot on, it's got some good advice.
Also, if I recall, there is an add-on device for your glasses (you do have glasses, right?) that is a "rear view" mirror, much like the one on your pickup truck door (you do have a pickup truck, don't you?). You might be able to google it.
I'm not in hearing aids, yet. But, I'm afraid the time will come. I wish I could say that my problems were due to loud rock and roll music during a wasted youth, but it's much more likely forgetting to plug up when the artillery was going off.
PS: You heard the old joke about the guy with hearing aids?
His doctor asked him: "How are you getting along with your hearing aids. You wife told me they're not working."
The old guy replied: "No. They're working just fine. I just haven't told any of my relatives, yet, so they continue to talk as though I can't hear them. I've changed my will three times."