StillWaitlisted,
Thanks for having the guts to call, and then posting the content of the call. Sorry but gotta vent...
If what admissions told you is true, I feel completely disrespected. It seems Booth has kept a lot more folks on the WL than other programs, and they at least should offer most of us the courtesy of a ding and their class status in an e-mail update, instead of having us, as you say, obsess over our phones. HBS has been very transparent with their WL, Kellogg/Haas are dinging people, and Columbia/Sloan are offering deferred admits... WTF Booth! Moreover, a ding lets us get excited and more engaged about our fallback plan.
Especially after inviting us to walk the extra mile and even submit video updates, they at least owe me a ding, and a mass e-mail Kurt could type up over a coffee break. Better would be offering feedback (like Darden) or opportunities in a future class. It's poor taste that reflects poorly on a school I loved when I visited, and if I give MBA applications another go, Booth may not be getting another app from me.