Even a red team needs someone who can keep them organized and communicate effectively with the client and upper management. For this reason, you should find PMP becoming more valuable in the pen testing world as this industry matures.
But telling us that you want to be more on the technical side is helpful. This too shall become more specialized as the industry matures. Are you a Windows guru, Linux guy, come from the networking side, are you a coder, DBA who prefers web app security testing, great at social engineering... Many ways you can go to be a part of this community without being an uber-haxor. And each has it's own courses and rcedentials. You just have to decide where you want to be.
Hope this helps,
Don
ok i think i need to let u guys know more about me so that u all can help me better,,,, i am not totally new to the field of pen testing,,, mostly self taught,,,, i have done my AFCEH-ankit fadia ethical hacking certification (not very proud of it) i have also won a national level hacking competition held by one of the biggest universities in India and i have found a vulnerability in one of the major ISP's in India(i havent reported it yet)
when i went to one of the ec-council ATC's the guys over there thought that i knew enought to go and take the test directly with out the training ,,,, now this is wat actually raised doubts in my mind about the certification... i dont consider my self to be an uber hacker or anything but (since i am mostly self taught i dont really know my standards and if i meet the standards of the present industry)..
hope u guys can now make a slightly better judgment about me and access me accordingly,,,, thanks