I am not as enchanted by the CISSP as everyone else. I am turned off by the $450 exam fee and the mention of "annual maintance fees" for having the certification. Plus, the Endorsement? I need an endorsement for the privledge of spending $450 for a cert I can never pay off? No thanks.
I see the cert & the program as an attempt to create a "Information Technology Industry Union" of sorts. I doubt it will ever get that far, by that is what it looks like to me the INC. that created this cert is aiming for.