Got a 470 on the GMATprep test before studying.

It's really difficult to tell. Do you believe your skills are sharp now. My first Manhattan GMAT practice test score was a 500 - though I eventually scored a 680 the third time I took the GMAT.

A little background knowledge which may help.

1230 SAT. 1110 GRE (90% Math, 40% Verbal). No studying for either. I was 27 when I took my first GMAT test. I hadn't taken a real math class since my freshman year of college (18), so my skills were definitely rusty. For one, I couldn't even remember the basic geometry formulas for right triangles, which the GMAT expects you to know. I also knew nothing about probability considering I never took a statistics class. However, after I got the MGMAT books, I quickly learned what I needed to know.

There's a chance I might take the GMAT again if I get rejected from my last school (Darden). If that happens, I plan to focus more on verbal for several reasons. For one, the majority of Indians and Asians (I know - I'm stereotyping - but it seems logical) do very well on the math section of the GMAT, yet don't do as well on the verbal. As a result, while my raw GMAT Math score of a 46 is only in the 76%, my raw verbal score of a 37 is the 80%. Both raw scores are out of 51, thus I feel there's much more potential to improve my verbal % (and overall GMAT score) assuming that my math score stays the same. From people's profiles who've scores 700+ on the GMAT, this type of skew seems to happen quite often.