Generally, YES. If you have better numbers than 99.99% of the other people that applied to the school, then they'll find a spot for you. But as someone just posted in another thread (this person I guess worked in a ls admissions office), most of the candidates who were waitlisted were people with decent numbers who sent their apps in February. And you're probably talkng late Feb here, since it takes 2-3 weeks for lsac to process your score, and then another random couple of days for schools to receive your lsdas report.
What test date is the best for the next year's entering class? Is February too late?