I have never in my life (except for the post above) heard that a CPA license wasn't worth it. I've practiced tax accounting in a corporate environment for over 10 years and recently decided to get my license even though it's not required for tax. It will, however, provide for higher compensation and better promotions in the future.

I guess you can answer this question yourself by putting yourself in an HR's individual shoes and evaluating a candidate for an accounting position. Would you take one that is a CPA with little experience, or one who has more experience but no license.  Just because someone does not have a lot of experience it does not mean that they are not trainable. In fact, most public accounting firms prefer someone who they can groom into their own environment rather than brining in someone who is seasoned and who may already be set in his/her ways.

Since you have your MBA in finance, perhaps you can consider CFA? It's just as credible as a CPA and the examination process is much less stressful.  In any event, I would encourage everyone to be licensed in whatever field they choose. It makes them more competitive and definitely more attractive to potential employers.