The thing about cast iron pans is they're dirt cheap, so it's hard to overrate them.
I guess I agree with you: if you have a high-quality stainless skillet, you don't need the cast-iron pan. Things we do in cast-iron that we don't do in the All Clad pan: make cornbread, sear steaks, grill vegetables outdoors.
I find my cast iron to be a pain, and after trying hard to use it well for years. Slow to heat, slow to recover, touchy to season, and heavy as all hell. I've gone back to either stainless or nonstick, depending.
It's kind of like driving an old F350 as a daily driver. Sometimes its just what you need, most of the time it's a heavy, ponderous maintenance nightmare.
Cast iron dutch ovens are another story because you will frequently use them in ovens where the heat retention properties are useful.