Hmm could be ....  You guys could be right ... just wanted your opinions

Ha! Hopefully our opinions were insightful if nothing else... plus, most of us are CEH holders ourselves

That and they're not presenting a particularly balanced or accurate case.

As BillV posted, many of us have gone down the CEH path.  I am sure that the idea behind the CEH was also to make money, but what cert doesnt?  The question to ask is if it does a responsible job at what it is intended to do.  Anyone that I have known personally that has gone through the CEH process has never called it a scam.  Yes, we might criticize it and feel there is room to improve it, but never felt like it was a scam. 

I definitely agree with the emphasis on the instructor, though it's probably out of your control.  I sat through the v5 class and had a great experience.  I recently attended the v6 class with a different instructor and my experience was horrible.  The first instructor kept the class engaged and added personal experience stories and thoughts as well as "capture the flag games".  The second instructor read the slides with "little play time".  Either way if your just getting into the security space it's your own fault if you don't learn alot (with or without the certification).