Seriously? Then their receptionist flat-out lied to me! I submitted on the morning of the 1st and am still processing at 11/16 and she assured me I would still be considered (but she didn't take my name).
Well, up until I went "Application in Review", the top of my screen said, "Because you submitted by 11/01 you will be considered for early action."
It now says, "Your application is currently in review with the committee. As your application moves through our review process, you may see your current status date change. You will receive a decision of admit, reserve, or deny by mid to late December" because I left "Complete" status.
I believe that as long as "Your application has been received 11/01/2010" appears on the bottom left corner of your status checker, you should be good to go. It's possible that they don't update everyone's status checker with the EA notice, but it was definitely on mine. I submitted 10/29 via LSAC, got the reception e-mail on 11/01, went complete 11/19, and went under review 11/29 where I sit now holding my breath.