I know it's been a long-standing rumor here that "your application has been reviewed" means a rejection, but I know of people at TCOM who had their status change to that before they were accepted. My friend who is a TCOM student asked someone from admissions about that status and it simply means the admissions committee has finished reviewing the application and has made a decision to rank it or not. In other words, it could be an acceptance, waitlist, or rejection. I hope this gives some of you hope like it gives me. I share that same status right now.