I agree. All the patent does is give you a right to sue someone. If the people infringing are loads of tiny users (like hobbyists), it will never be worthwhile. If it might be a significant company, that could be another story.
Also, remember that a patent, even if it issues, can be found invalid later, after you've spent a lot of money getting it, maintaining it, and possibly suing someone. So you could be left with less than nothing.
I had two patents covering a huge value product. One was strong and wasn't challenged. The second, which ran a bit longer (still in effect) was deemed weaker by the generic companies trying to break it. The company finally settled with them on the eve of the trial in Federal court.