Wow, thanks for such great, thoughtful replies. I know I need to look more specifically at the program to see if it would be a good fit for my interests and focus, but I was starting to wonder if I should just cross the program off my list and save the time. From your answers, it sounds like I should continue to consider it.
I've been lucky to have some very hands-on internship experiences, but not in curatorial, so the experience might help. Although I do want to teach in the long run, I know I want there to be a strong connection between theory and practice in my education. Given the (intended anyway) focus of my work, I think I would be irresponsible to not allow museum practice to inform my examination of theory.
I know I'm qualified for the programs I'm looking for, but I also know how competitive they are (as hopelesslypostmodern said), and want to be realistic about the fact there are many factors beyond my control when it comes to PhD acceptances.
Thanks again!