My kid had a GPA with lots of rigor (but no weighting) that was probably closer to a B+ than an A-. Good, but not amazing test scores. Got merit of $25-30,000 at several excellent LACs. That was 4 years ago. Not ancient history.
Please remember, folks, as you are hearing from panicked senior parents, that most schools will only start reporting their first round of decisions in December (because most just closed admissions for EA/ED yesterday and have a single date for reporting decisions) so the reports of senior parents are far, far from complete. And some may be speculative. Yes, there are some schools that have rolling admissions but I would be surprised if so many students at most BS had applied to those that conclusions could be made the results for the class.
Trust me, I really relate. I was worried sick when we were going through this for so many reasons. But it really did turn out just fine for my kid and his friends (and for the kids of some of the most vocal parents at our school.)