Noctus
You make good points, however, I'm not sure I will have a stronger application in 2-3 years. After all, I did just beat out 80% of Harvard applicants in getting an interview. I'm not 100% confident that the WE I will accumulate if I wait will be of the high caliber that is expected at many top schools. Finally, it's been my general impression from quotes from adcoms and people on these forums that being a reapplicant doesn't hurt your chances. Am I wrong in thinking this?
Also, I don't plan to say I want to defer.
Wouldn't the skill and intellect that allowed you to "beat out 80% of Harvard applicants in getting an interview" also allow you to gain employment of the caliber expected at many top schools?
There's two aspects to the work experience dimension for business school. First, you gain maturity and perspective on how the real world works, which gives you better insights to share in the discussion and case based nature of business education. Second, it makes you more attractive to employers post-MBA (other than banking and consulting which hire MBAs for entry level positions), since most employers would not want to hire a manager-level employee who has no prior full-time work experience.