Do certifications hold value for you, or the vendor?
I know this may sound off, especially coming from someone who really enjoys working in IT; but I don't really care for certifications. I remember back in 1998 I had to study to take my Microsoft exams for the MCSE, I was just getting into IT then, and it was really exciting. Having an MCSE was almost a free pass into any IT related job, as time has gone on and new technologies have emerged, coupled with new certs, my opinion on certifications has waned.
I don't think certifications really show how much someone knows, with the exception of a few certs, mainly Cisco and Redhat (Because of the hands-on approach). Most exams are basically multiple choice answer sheets that do not test real world knowledge, and just like reality shows, everyone has a cert now, and just about every vendor creates some new variation of their cert.
Of course I can definitely see the advantages in studying for certs; you are forced to learn material that you may not have otherwise learned, you get to show that you can set a goal and achieve it, it can show that you are serious about your career and education. I may be channeling my frustration at the wrong target, it's not really the certification vendor, it's more so the employer. They want x amount of years of experience, a degree, and a cert. Now don't get me wrong, I actually have the major certs and the degree and I have no problems getting a job (DoD contractor), but when I think about new people coming in, there is just so much that they need to get in the door.
In a way, I like the way CompTIA is going as well as ISC^2 with their CISSP; I like continuing education credits (even though CompTIA certs use to be for life, but I understand that technology changes) instead of re-certification.
Okay, this is getting too long, just give me your opinion on certs, good, bad, or in indifferent. Also, I'm curious if anyone has been turned down for a job that they were completely qualified for, but they didn't hold a particular cert, so they didn't get it.