I got my MCSE (Microsoft Certified Systems Engineer) in NT 4.0 a few years ago. But looking back, I think it was a big waste of time.
There'll be Human Resource departments that'll list it as a helpful qualification for a job, and everything else being the same, it can't hurt. However, the technical people who actually decide whether you get the job are only interested in your "hands on" ability. The MCSE to a large extent, ignored "hands-on" and was only concerned about theory. Really, I barely learned a d@mn thing through all the work.
People I know of caught on to the certification a while back and even have a term, "Paper MCSE" for it, meaning all theory knowledge. I'd go through CD tutorials and hands-on training in any way you can (on your own, college class, etc...). Then you can throw it on your resume as real knowledge. That's the real 'gold'.
I'm not speaking just for myself, but what I've observed with top notch I.T. people. MCSE is seen as a supplemental qualification at best and nothing at worst. With probably a year's worth of hard, hard work and at least $100 per test (7 tests I think) and specialized MCSE books (probably $75-$125 per) to get it, I'd say screw it and so are most people nowadays.
Learn what you need hands on. Maybe get 2 cheaper computers (for 3 total) and teach yourself networking. I was given that advice before and wish I'd taken it. The working knowledge is what IT people want.