I got the msce thing way back in NT4.0 days, which they then promptly retired. Couldn't do the "upgrade to 2000 exam as one of my quals was "supporting Win95", rather than NT4 workstation, even tho the 95 exam was part of the NT4.0 track.
couldn't be arsed laying down another $10k and starting all over again, and then having THAT retired, and doing it again (and again, and again...)
Employers (or more accurately, recruitment agencies) demands for certifiction* are more about covering their own arse, so that when the paper MCSE they recommended for the job fucks up, they can bleat "well he had all the qualifications..."
I've worked with any number or (mostly Asian) "mcse's" who were completely incapable of the most basic tasks
(Certifiction - (n) claiming to be qualified to perform a task by virtue of holding a paper. No experience required)
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