Simple graph that gives you a somewhat updated feel of where students are focusing in terms of specialty.
Percent Change between 1998 and 2006 in the Percentage of U.S. Medical School Graduates Filling Residency Positions in Various Specialties.
National Resident Matching Program
I was surprised to see Anesthesiology so popular (I knew it was popular, but it killed everything else), but not surprised at all at where Pathology ranks. Pathology is an excellent lifestyle specialty and is completely underrated. My prediction over the next several years is that Pathology is going to continue to get more competitive while interest in Anesthesia will taper off.
To whoever it was that disagreed with me, it looks like interest in surgery is in fact declining.