Rare, but not impossible, no?

seeing as I don't write (and actually sort of loathe) "literary fiction," being a mass-market sort of girl.

This is exactly why I never went for my MFA. I love literary fiction when done well (Tom Perrotta, Michael Chabon), but most of it isn't. Quite a bit of it is masterbatory at best, and the only thing worse is those who worship it with fanatical fervor.

These are all very important things to consider. How would it eat up all your time, though?