Finally decided to apply for sept, 2008 now. Even though I will be 43 when I graduate it, and lose two years big bucks, from what I talked to people, MBA in top 10 schools is a life-time experience, and if I can work 20 years afterwards, I will make it. No matter what, at least for the rest of my life, I will not be wondering around if I should it or not, no regrets. I am nuts, I know. Sometimes if you do not try, you never know.
u go ahead! btw, b-school always happy to put a 40 year old and a 20 year old in a group and see what experience and yong energy can spark (sorry for Chinglish;)).