It really depends whether degree or cert is more important. Obviously, if someone got a degree, and another one dont, that's make the difference.
But how about, if the 2 persons, both got a degree in Maths, CS, or Engineering, and seek for the same job, while one got a related cert and the other dont?
Personally, a degree is a must nowadays, or even, a master degree is a must as more and more people got the degree. Experiences also important as well. Certs/Degree solely give no advantages at all.
So one needs to be realistic in investing time/money in these certs
Luckily, this is not my case.
Nick
SCJP 1.2, OCP 9i DBA, SCWCD 1.3, SCJP 1.4 (SAI), SCJD 1.4, SCWCD 1.4 (Beta), ICED (IBM 287, IBM 484, IBM 486), SCMAD 1.0 (Beta), SCBCD 1.3, ICSD (IBM 288), ICDBA (IBM 700, IBM 701), SCDJWS, ICSD (IBM 348), OCP 10g DBA (Beta), SCJP 5.0 (Beta), SCJA 1.0 (Beta), MCP(70-270), SCBCD 5.0 (Beta), SCJP 6.0, SCEA for JEE5 (in progress)