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I am PMP certified and the sole purpose I got it was to be able to be qualified for some positions that specifically ask for it and also get a leg up on other PMs. Now if you ask me if having the certification made me a better PM, the answer is a big fat no.
What you described with the course is a testament to the fact that the certification is hard to study for and you have to check out common sense at the door when studying for it. The crash course is just to get you through the exam and nothing more. If you have the time and energy, go for an MBA or a more specialized certification/masters degree rather than PMP/6Sigmas out there.
Good luck!
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