I'm wondering the same thing - I have dreams of biking from a spot just out of the higher priced -range -but want to make sure that it is actually safe, timely and all-around feasible. Maps are misleading -neighborhoods seem closer together than they really are and the freeways really slice and dice up the neighborhoods -making them really pedestrian/ cyclist unfriendly.
The wait for an acceptance/rejection (one way or another) is killing me! I applied in December, and haven't heard a thing yet.
Edit: I just received notice -I'm in!