Hey Kimm,
I applied out of state this year and I am also on the wait list at the U. I have heard that they accepted 120 outright this year, I don't know the size of the waitlist although i believe its pretty small probably 20-30. The list is ranked but ranking is not disclosed. The word is they accept very few off the waitlist but no one knows for sure.
I called the office on tuesday and they said that they have been contacting waitlistees. They call with the offer and send a letter the same day.
Obviously there are tons of factors affecting the waitlist and each of our chances. It is really impossible to guess how it will play out, but I have my fingers crossed. Have you spoken tothe office recently and is so what did you find out?