Is IIT really worth another year?

This Q requires an A from a guy who is unbiased, in my view. In my view, I am one such unbiased mind as far as IIT is concerned. What I would say is that most of us have been brought up in an atmosphere where getting through the JEE is all that matters, and so Room for some Healthy Reservations on what are we doing and why are we doing it are unwarranted and in most cases, inexistant. I would say is after 2 years of the peak of our lives being spent in the mnotony of JEE preparation, its not worth another year only for JEE. Instead, best thing would be to join some college and give JEE another shot.
Many amongst my friends have not been able to put their JEE result behind them. For them, all that I have to say is WINNING IS NOT EVERYTHING BUT THE EFFORT TO DO SO IS.