Applications are still open for us. You can start the 4 years in 2nd year as well, so don't worry if you miss it this year.
I'm not applying because I can't lie well enough to convince them that I'd like to see the country. I mean...writing a whole page on it? I do have friends who got it though, so I have a general idea what should be put down on the application.
Re an earlier question on arrogance: Most med students I know aren't arrogant. There are a couple of people who might have a bit of a complex about them, but they're in the minority. We still pay out arts students all the time though , so maybe they have a proper reason to call us arrogant.