I personally have been the evil interviewer for some time. I'm giving paper coding tests that make sense to me, and I'm generally very happy with my recruiting. I have never met anyone who slammed the door screaming "I'm too good to take your stupid test". I've passed people who completely screwed the test. I've failed people who nailed it in 5 minutes.
I've taken interviews where I was asked brain teasers, fibonacci things, pointer swapping, class hierarchy things. I've been accepted to some jobs where I failed the tests, I've been thanked to some jobs where I passed the test.
The point is it is NOT about the test.
When I read someone saying "I've taken countless interviews, and I don't get a job", I'm thinking: well, either he's been very unlucky (which happens), or there is something wrong with the guy's attitude.