Interesting devil's advocacy response. I could see how that could put you at ease too.I agree with you for the most part, although I will add a slightly dickish response: I would feel this is a far more likely scenario if at least SOME of us reported rejections already. If I read a bunch of people getting rejections and I DIDN'T get one, then I would assume that I still had something of a chance.
I was just using the scenario to illustrate that it's probably hard for the admissions dept to send outright rejections, when they can't predict who intends to enroll. It would be quite embarrassing if they locked down the 32 + 16 (in the scenario), declined the rest, then had a situation where 17+ declined (due to alternative enrollment, tuition costs, visa issues, life emergencies, etc.). Unlikely, but still possible.
It's tough either way, and inevitably out of our control.