There's nothing wrong with the CISSP for what it is, a wide gamut glance into InfoSec, but a lot of hiring managers have been led to believe it holds high technical merit. A few years ago I took a job with my then shiny new CISSP and I was uncomfortably flattered a bit at how much awe it held with people who had no idea what it even was. They assumed I was a master hacker when neither my work nor my resume suggested any such thing.