I just got the call.
The recruiter softened the blow by telling me that they really wanted me but since the company is committed to promoting from within, they had to go with internal folks. She said the hiring supervisor thought the interview was fantastic, that I was definitely one of their strongest candidates, that I would have been an awesome fit, but that they had more internal candidates than they had open positions.
But no matter how powerful the softener, the words "we've decided to move forward with other candidates" still sting.
Fear not, however - there is light at the end of the tunnel that is decidedly NOT an oncoming train. There is another position open for which she'd like to consider me, and may be giving me a call next week.
I may have had the rug pulled out from under me today, but I'll just put on some slipper socks and soldier on.