I wrote my gmat today and got 580 (Q:39 V:31)

. Verbal was disappointing (English 2nd lang). I did not finish EITHER sections and had to guess my last 5 questions just to make it to the end i.e by cut-off.
I guess the frustrating part here is that I am so close yet so far. I want to apply to a top tier MBA school (current gmat average for January intake around 703), but since the final deadline for the January intake is around the corner, I don't know whether I should give it a bash and send in my applications. There is not enough time to work this score up. Next intakes are only in Sept '04.
I think my profile is quite strong - 4 yrs in Big5 strategy consulting, full scholarship for University, just moved to France for that "international working experience", good recommendation letters...wrapping-up my essays with an "ex-MBA-candidate-from-THE-school's" coach.
What do you think - should I send my applications or rather improve my gmat first? Do I have a chance AT ALL?
Advice WELCOME!.....