Importance of GPA on a Bachelors Degree?

[cookderosa]

I However, if I saw a 4.0 GPA on someone's resume it would definitely make an impression. It is an indication that the person is a hard worker and probably pretty smart.

Back when I used to poke around on the med school forum, there is a specific trend you can find among med school admissions, and that the acceptance rate dips just slightly when someone's GPA goes from 3.XX to a 4.00 the assumption being that they attended a grade-inflated school/easy courses/etc.