I had a 1440 SAT, and I still got into MIT. And while I did have straight A's at MIT, I also minored in student activities; I was Treasurer of the computer club, Refreshments and Sunday night director of LSC (which showed 2nd run movies on campus and used the profits to subsidize paying to bring famous lecturers to speak at MIT), Treasurer of the New England Lutheran Student Movement (even though I am an Episcopalian; I just happened to wander into the business meeting at a joint retreat); oh, and I was producer of an operetta with the MIT Gilbert and Sullivan Players. This omits some student activities where I wasn't an officer, such as Alpha Phi Omega, and the Technology Hackers Association, and the MIT Science Fiction Society, but you get the idea.
Well, even taking into account the 1995 recentering, according to the College Board's table, a 730 Verbal / 710 Math translates to a 1500 under the new system. Which is still pretty far from a 1570, 1590, or 1600...
Personally, I'm not terribly impressed with the predictive value of standardized tests in general, and the SAT in particular.
So tell me, what bucket do I fall into? :-)