I just got waitlisted at U of Mich, and since it's probably unlikely that I will get in, I'm wondering if it would be better (for a future cycle) if I withdrew my candidacy. In other words, if I applied again to U of Mich, would it look better on my application if they knew that I withdrew my WL rather than being ultimately rejected?
FWIW, the U of Michigan waitlist letter is the most flattering of the WLs I've received (I've also received WLs from Vanderbilt and American).
If you withdraw, then they think you don't want to go there. Send in a LOCI, take the rejection, retake the LSAT, reapply, profit.
I agree with reezy. Definitely don't withdraw.
Also, mconnett you're exactly right about Michigan's waitlist letter. The quality of writing in all their materials is really outstanding.