Certifications: Valuable or Not?

As someone directly involved in the creation and delivery of IT continuing education and certification training I would be VERY interested in hearing the thoughts of the community re certifications. Please address their value if one is employed vs. unemployed and looking.

 Here is the link, http://linkd.in/icT6ir

Thanks! If you wish to contact me directly I can be reached at Fred @CareerSaver.com