I am surprised by the number of people who thought the advice on this one post was a lot of help. Guys, please beware what you believe. Inaccurate and misleading information such as those in the text below may cost you your application, and therefore your dream of making it to Canada. The CIC website and the its program guides are pretty straightforward. You hardly need any outside guidance if you just read the instructions carefully.
For now, out of genuine concern for everybody, let me just say:
1. my cousin had inside information that few forms were about to be revised - This hardly counts as insider information. If you subscribed to the CIC updates via their media centre, you would have had this information way before July 1. Alternately, you could have simply googled "Federal Skilled Worker Canada updates 2011" before July 1, just as I did, and found out what the new policies were, and whether or not there was any need to use new forms.
2.if they receive 2 applications, one with old forms and one with new on the same day and if its the final day for the cap to be reached and assuming only 1 application can be considered, the one with the latest forms will get through, hands down! Simply NOT TRUE. You just might have missed the cap because of the ill advise of your cousin to unnecessarily revise completely filled out perfectly acceptable forms.
3. If your job reference letter has the exact wordings of the JD specified by the CIC for NOC 1122, your file is given a higher importance than others who don't have it. NOT ONLY IS THIS NOT TRUE, IT IS ALSO THE SURE WAY TO GET YOUR APPLICATION REJECTED. There are two ways to validate my statement here: 1) use your logic, 2) read the CIC guide for crying out loud.
4. The higher your score, the better your chances! NOT TRUE. Just cross the threshold of 67 and you should be ok. You have as much chances as any Tom, Dick, and Harry who obtained 70 or better.
Now guys, I have had the good fortune of having met some incredibly wonderful people in this forum who I am sure will make wonderful neighbors for me and my family in Canada. I want them to get through the process successfully. I am saying my piece now because I have seen too many unqualified opinions (purporting to be "insider information") that may just get in the way of their successful application.