I think that if i get accepted into my #1 choice school, i will definitely post something up like "yay i got in" but withhold the school name and I think that my closest friends and family will eventually asks me about it and it is then when I will reveal the school to them. I must admit I understand about wanting to post something this major to share with your friends and family and I see it on my friend's walls too like when they have their child, get married/engaged, buy a house, etc. but its posts like "ok i looked at my first house now" then 5 min later, "ok i am looking at my 2nd house" and then the next day "ok i am looking at my 3rd house" and then one month later "ok i am putting my bid down" then one week later "awww they rejected my bid" etc etc etc... i don't need to know what's going on every second but its nice when they finally got their first house after everything they've gone through. Its times like that I feel its appropriate to post on fb and let your friends celebrate with you.