Hi, I applied last November for the May 2011 cohort but was placed on the waitlist. They offered me an automatic slot for the January 2012 class so I took it. It was either take the spot or wait to see if I get in for May...I don't know how many people they offered this to and who did this option, but hopefully not too many for your sake :) Good luck to you all and maybe we will be future classmates!