Congratulations to the final converts! It feels good to have wangled an admit, doesn't it?
This post though, is for those in the waitlist, most of who will need to take some really tough decisions regarding leaving their job/paying fees at other instis/etc. :)
I suggest the waitlisted people get a little proactive, and organize the waitlist movement, so that taking those tough decisions becomes a lot easier. We did that in 2009, and our juniors did the same in 2010.
This post shows how we organized the waitlist movement in 2009: FMS-Waitlist Movement 2009-11
You can follow the thread from this post onwards and see how the movement turned out.
I request you to pay good heed to what I've said!