A question to all the other Fall 2009'ers out there,
how have you made the decision about which schools to apply for R1 and which for R2?
Conventional wisdom on this board seems to state that the earlier the better, however there's also a school of thought that recommends holding off on applying to your "dream" school until you've churned out a couple of applications already and had the opportunity to learn from them. That way you have had time for some introspection on the weaknesses in your initial couple of applications, and you can make sure your "dream" school application does not suffer from the same weaknesses.
In addition, what do you guys think about throwing in a "safer" school along with your "hail mary" application (consider the possibility that my "hail mary" and "dream" schools are distinct) during EA/R1? The most likely scenario would be that by the time R2 rolls around, you would already have an acceptance from your "safer" school, and that way could work on your R2 apps, which would include your "dream" school, and unleash your creativity unfettered by any fear of joining the unfortunate "zero admits club."
Of course, you might have to eat a couple of thousand $ worth of deposit fees at your "safety" should you be accepted at a better school during R2, but let's say I'm OK with that.
What do you guys think?