Agreed.
My personal gripe is some Tier 2 activities can be a lot less time consuming than those in Tier 4 a lot of times. Who is going to be a more well rounded individual:
A - 4.4 GPA, 1500 SAT, debate club
B - 4.4 GPA, 1500 SAT, football team
I'm just lucky I chose to join the math team for...