Quoted from a post to firewall mailing list by Paul D. Robertson:
"I wouldn't take any certification at face value, just as I wouldn't take
any certified candidate at face value. My "CISSPs I've met who have a
clue" measurement is up almost to 50%. I think I've met two MCSEs who
really knew TCP/IP so far. I'm still searching for a clueless CCIE."
There is no doubt that CCIE is the most recognized certification in the industry and CISSP is not far behind it. I have nothing but respect to those who have those certifications.