So I finally took the GMAT on Friday and got a 710. I was expecting a score in the 710-740 range so I managed to achieve what I had expected. I guess my Verbal score isnt all that reflective of my abilities in that particular section but oh well... And as I've seen by the posts on this blog, even getting a 770 wouldn't really guarantee me an admit to top schools unless all the other parts of my application are stellar. So I think I'm now going to concentrate on making my application as strong as possible and then hope for the best. Thanks to all the people who post here. You people are so amazing at helping out lesser mortals like me. Keep up the good work... 
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