Why is it still competitive? Because it's an awesome job, if you like anesthesiology. As someone about to enter anesthesiology, I read a lot of gloom and doom comments, but finally have the time to sit down and write a post.
This field is great, and I don't expect to push propofol on ASA1 patients and collect a paycheck... it's not gonna happen. In my experience, CRNAs are taking the cases I wouldn't want anyway. What CRNA in their right mind would want to take the liability of independently taking on complex cases, with two years of training?...most would rather make bank doing simple cases in the eyeball room. Do I expect to make 400-600k? It would be nice, but probably not. But I'll still be doing better than my friends in IM -- and I get to practice really interesting medicine, still see patients everyday, without the administrative headache of unending documentation, insurance issues, and social work.
I get the best of medicine, the labor floor, kids to adults, maybe a little ICU. And did I mention the people are great? People are generally happy, have lots of interests, and generally normal down-to-earth people....smart, but few inflated egos. This is true for the people entering the field too...it's a great group, and it made the interview trail was a lot of fun.
Would I be competitive for some other really competitive specialties? Sure, but this is what I want to do...and why should I be intimidated by a group of nurses with two-year degrees? I've given it my all for four years of med school, and look forward to four more years of training.
I'm just gonna do what I love... be the best anesthesiologist I can be, and enjoy the ride.