good luck to all of you guys...i was waitlisted from R1 until the last possible date in July and then rejected so I know how you all feel...my best advice would be to truly not get your hopes up as much as that may suck...every year people think that Wharton waitlisted more than ever and that there is a reason behind it
the truth is that Wharton simply loves to waitlist people and that is not indicative of more people getting in...i believe like 2 or 3 people i heard of getting in off the WL last year so just keep your hopes in check
I applied ED to CBS in late August this year and got in wihtin a few weeks so it was the complete opposite of my Wharton experience so there is hope for you all.
best of luck