hey grad_mba, sorry to hear about that... was rooting for you man. I can't believe we only have a *5%* admit rate here on GMATClub, when our rate at all other schools are higher than the average.
So are you going to any other schools this year grad_mba or are you just going to reapply?
You're right on the "learning more about yourself" thing. That "What matters most to you" essay helped me realize the motivation behind many of my decisions over the past 20 years. That is probably the best consolation prize from a ding ever.