This morning Art Basel Miami Beach released the list of galleries that have been accepted into its 2012 edition, which runs Dec. 6--9. (The VIP day is Dec. 5.) A total of 257 made the cut out of a field of "more than 680," according to a PR rep, giving the coveted fair a roughly 38 percent acceptance rate. (Just about the same acceptance rate as the University of Miami, incidentally.) Galleries hail from 31 countries and five continents (no dealers from Australia or Antarctica this year), and 77 will come to town from New York, accounting for about 30 percent of participants.