No - the FAQ specifically says they'll accept people up through August, and I'm definitely not waiting until then.
I'm leaning towards putting in my deposit, and moving on. Then at least I'll know what I'm doing. It would have been a tough choice for me otherwise. Now, it's a relatively easy one.

As a corollary, I think, b/c of the large number of applications AND b/c they have a whole other round, they probably only took "sure bets", and put everyone else on the WL. I think they're saying they have an INCREASE in app volume, so they basically have more to choose from.
If you look at the deadlines, Rd. 1 and Rd. 2 submit their deposits around the same time.