Step 2 is still scored, and it's not a subjective exam. It's a standardized board exam just as Step 1 is. You will have pre-clinical grades, clinical grades, shelf exam scores, rankings potentially depending on location, hobbies, research, volunteering, etc to still be measured by.
FWIW I know a derm resident who initially had to SOAP into a prelim year. That person attended harvard, scored well (250+ step 1 and 2), had all the checks in the boxes, was personable, and still didn't match. After SOAPing, reapplied for match and matched on the 2nd go-around. Despite scores and the Harvard name, they didnt match. On the other hand, I know multiple DOs who matched ACGME without issue first go-around. Who are you and EVERYTHING combined matters. Not just step 1 or name.
Do names open doors, sure, but they sure as hell don't get you through them. So don't think because you end up going to a T20 school that it ensures you're going where you want in what you want.
Keep all that in mind before making a decision.