I say definitely go, but choose an off weekend. Stay on the strip somewhere nice but not necessarily super-VIP. For example, a nice room at the Four Seasons booked through an FSPP agent, or the Wynn/Encore, or perhaps Bellagio would work. This might run you around $350 per night during a non-peak weekend.
Based on your OP, you and I are similar in many ways, yet I still love Vegas. I don't go to the clubs anymore. I suggest you avoid them, as well. There is plenty more to do. But I think the trip wouldn't be worth it unless you're willing to gamble some, even if poker.