Yes! My reply to "this meeting could have been an E-mail" is often: "OK, do you read your E-mail and respond promptly?" I love killing productivity-draining meetings and turning them asynchronous --BUT-- these meetings often get called because a decision needs to be made synchronously(now), and the decision makers can't wait two weeks while you get around to reading your E-mail and remembering to answer.

Those meetings that are simply "status story time" where someone reads a doc to the room? Yea, they should be removed. I don't think anyone likes them.