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That is way off. Survival has the potential to be the highest dps spec, it takes great gear, and great attention to detail however.
Wrong. 41/20/0 is the highest DPS spec, 5/20/36 is needed for one hunter per raid (no more, no less) to add a ton to the rest of the raid while still doing comparable damage.
For the OP, in solo PvE you can go marks or BM, although BM will survive much better and marks will kill slightly faster in the 10-30 range if your pet can hold aggro.
In 5-mans, BM is great to provide an off-tank if needed, or for it's incredible damage output once you hit end-game. MM can pull casters, but if your group cooperates you wont really need to (i.e. a mage can sheep it, or if it's caster-melee-melee just trap a melee and have the tank tank the caster). SV has the best trapping out of all of them, but on a BM/MM build I had no problems trapping...
In raids, you need 1 SV hunter and the rest should be BM, unless you're Caldone ;)
In BG's, all three specs have advantages. Survival has wyvern sting, BM you can go un-CC'able, and in marks you have silencing shot.
In world PvP, again all are viable, although if you do PvP/PvE you may want to focus on a BM build.
In arenas, I have no idea. Probably all three are again viable.