That I am! Flax summed it up nicely, though.
It's sort of puzzling to me that you (Maxwells_Demon) haven't had more success in your application process so far - your profile looks quite strong. I hope you get into one of the PhD programs you're still waiting to hear from - then it'll be a moot point.
I'd say wait to hear from your other schools, and in the mean time send a few inquiries to the program director and a professor or two whose research interests you (they can be in Physics, Applied Physics or any engineering field). If you'd like some anecdotal information from a current M.Eng. student, feel free to PM me.
Best of luck