They say that your academics have a major role, but don't just settle for those! Like people have said on the forums, do you want your appointment to be given to someone else because of a two foot difference on the CFA?
Have you been able to re-take it? Like flieger83 said, you've got good scores -- it's just that Basketball Throw.
I would definitely re-take it if you haven't submitted it yet, and see how you do. If you do decide to re-take it, here is some advice I found through these forums that increased my throw by a solid seven feet:
Twist your hips before you turn your shoulders, creating strain, and then follow through. Use your core more, and you'll see some improvments.
In my opinion, it's 70% strength, 30% techique. I threw 75 feet I believe (it's been a while), and that was an improvment from a steady 66 - 68 feet throw.
Hope that helps!