It should be excited because you are now allowed to participate into a competition to get accepted. The level of excitement depends on the reputation of the school you go to. If it's just a "NEW" pharmacy school, there is not much challenge to get in. The price you're going to pay latter after graduation is to find a job. Employers tend to hire new graduates from high reputation schools. They don't say it out loud, but its unspeakable code.
My recommendation is to apply to high reputation schools or schools with high Naplex passing rates.