I have also the same problem and I have already completed my profile and other skills information but its still showing that "Your Job Application quota has been reached." since 4 months.
Have you submitted your new profile to oDesk customer support for a formal new contractor review?
They're not monitoring your profile page. You have to let them know when you have completed it.
I just took a look at it.
It doesn't look finished at all to me.
If I was a customer service rep and I saw your profile come across my desk I would just put it on the back-burner or ignore it for a few weeks, thinking maybe you'll improve it at some point in the future.