Wait a sec...This makes it sound a bit like everyone gets a JR1. That's not the case, is it? I have a 171/3.96 and was hoping* I'd get a JR1, but by no means expecting one.[/quote]
I have VERY similar stats (slightly better) and have gotten JR2 already. I'm willing to bet you'll get a JR1/JR2
My undergrad is very well-known and competitive though, and the fact that JR previously worked at a management consulting firm might have helped me a bit. Also, I spent about 4 months writing my personal statement... I have done 59+ drafts
Bottom line: you have a great chance if you've done everything you can to make your application complete.