Part of me will be counting, but I know I'm doing this venture regardless. The money is not the key for me. It's a matter of whether I can get the extra advantages YC offers, so I'm trying not to focus on it too much...
My thought as well. YC would be huge for me; the resources they can offer and the sense of community and advice most importantly. But I'm certainly doing this either way. Not getting selected will not deter me. If not getting selected does deter you, you may want to reconsider why you applied in the first place :).
I hear that! We first submitted Sunday night, but ended up making tons of changes at the last minute to better explain our idea. That application really forces you to drill down to the essence of your idea, which is an awesome exercise in itself. Good luck everyone!