From what I've been hearing, I concur with what bacillus says.
However I've had literally 0 experience outside of participating in residency seminars in the matter. I'm starting to realize that it basically comes down to what type of people facilitate the app process at your residency of interest. People tend to hire those that they relate to/find to be similar to themselves, and their own standards. Pharmacy seems to be a bunch that cares less about academic excellence (again, this is based on like... n = 5).
I've also heard by mouth of one residency that won't even look at your app if you're sub 3.2.
In a nutshell, the most important thing is probably who you know, as long as you have an average to decent CV. Crawl up someone's butthole and you'll be golden. Either that or be really good at acting or being charismatic during your interview (because that is the most important!) I mean apparently 8 hours with someone and a first impression gives you an in depth look into a candidate's personality, and if you're super fun you'll be a good pharmacist.
Sorry if that sounds jaded and cynical.