I am in the same boat you are! I got my rejection letter yesterday, and even though I have back-ups I really don't want to settle for less than Berkeley. I am turning this around into a positive, and still moving up to the Bay Area to gain some work experience and reapply for next year! I knew I was taking a gamble applying because I graduate from a BA in May, but I am determined to try my best at any given point in time. I hear they like when people show determination and reapply, and that's exactly what they will get from me! One year is worth it to go to my dream school
Good luck to you all, and congrats to those who got in! I will definitely be seeing some of you next year on the boards!