Hi @crackademik - I feel you, but keep your chin up! I say this for two reasons:
(1) the data on other applicants you get on this site is, imho, *far* from being representative of the applicant pool. Posters tend to be on the more qualified/anxious end of the spectrum, and I think that this, while completely understandable, does tend to drive the general vibe.
(2) If you are to trust the stories you read here, and I do think you should, you'll surely see that many "under qualified" applicants get interviews at places they hadn't anticipated. I feel that the selection process is far from predictable, and what works for some might not work for others. On a personal note, after receiving 4-5 rejections in a row a couple of weeks ago, I thought I was done for. I did end up with cool and unexpected interview invites, despite my lackluster qualifications, if I were to compare my record to others I saw rejected.
Tl;dr - it's not over til it's over ?