Networking definitely has real value. I see two main advantages. One, some of the people you meet can help you on the spot (i.e. they fill a need you presently had). Second, adding smart, talented people to your network raises the chance that when you next need someone to fill a role, or someone asks you if you do, you not only have someone, but you have someone good.
However, don't get carried away. The scene is huge and not every event is worth going to. In addition, going to events is only a compliment to the real work.
However, don't get carried away. The scene is huge and not every event is worth going to. In addition, going to events is only a compliment to the real work.