Celexa is right. Psychiatry isn't a walk in the park any more, but it isn't derm. Everyone who thinks they want to ask if they can get into a top 10 program and discusses their stats is fooled if they think anyone can provide an answer. On the flip side, psych still isn't derm and "competitive" is still relevant. (Insert Einstein's theory of relativity, and maybe the Heisenberg uncertainty principle because the more you place importance on location of training, the less it is likely the doctor will be where you think).
Please put in programs on your list that are geographically attractive. Please put in "reach" programs as high on your list as you want, and maintain a capacity for radical acceptance and you will do well. Putting reach programs high doesn't change your chances of getting into "non-reach" programs. There is still a wide variety of quality programs with a variable amount of competitiveness. You will get a job after graduation and you will earn or not earn a good reputation where you are and no one will ask where you trained. I know this process has made everyone paranoid and aggressively competitive, but psych still isn't like that. You will be judged by your talent and most programs can give you that if you apply yourself into learning and taking advantage of opportunities.