The pin is something to do for the novelty or enjoyment of fishing a center pin rod and reel, not because it is the ultimate anything. Granted there are a few things that the pin setup excels at, but when a comprehensive pro vs con list is made, I think a smooth bait casting reel on a 10-11' fast action float rod takes the award for "most effective."
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I am still not a cop.

EZ Thread Yarn Balls

"I don't care how you catch them, as long as you treat them well and with respect." Lani Waller in "A Steelheader's Way."