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By Jack Kim and Nobuhiro Kubo SEOUL/TOKYO (Reuters) - Japan put its military on alert on Wednesday to shoot down any North Korean rocket that threatens it, while South Korea warned the North it would pay a "severe price" if it goes ahead with a satellite launch that South Korea considers a missile test. North notified U.N. agencies on Tuesday of its plan to launch what it called an "earth observation satellite" some time between Feb. 8 and 25. North Korea has said it has a sovereign right to pursue a space program by launching rockets, although the United States and other governments suspect that such launches are in reality tests of its missiles.More...