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I thought the same thing when I first saw this comment, but I realized it isn't right.

A PhD gives you the opportunity to get both a broad overview of a field, as well as delving deeply into some subarea. It will greatly enhance your technical skills and ability to think. Even if you don't plan to have a research career, learning how to do research will be very helpful.

A PhD is a very worthwhile if you don't have anything better to do and if you have the motivation to actually do it.

(Granted, if you are going to dick around for 5 years on a grad student stipend, don't waste your time.)

The motivation bit is the most important part. PhD's can be very grinding and most PhD's I know seriously considered throwing in the towel at least once during it. If you don't really really want it, chances are you'll never complete it.

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