Why would you want to be a manager?

Spend all your time in meetings and nagging lazy workers to do their job? Asking for money to develop improvements and being told you can't have the budget?

The only rewarding thing to come out of IT is getting into the guts of a computer and making it work, which is not something managers do. I've turned down several opportunities since this became my profession, and I'm glad I did because everyone I've ever seen who got moved into management became bitter, unhappy husks of what they used to be.

This is a comment I found very interesting, in response to this post in Slashdot:
http://it.slashdot.org/article.pl?sid=08/01/22/2017257

Why would you want to be a manager? Buff... I don't really know. I've started managin people last year and it's a pain in the butt. Having to make sure your developers have always something to do even when they are working and you are not... it's hard to keep it right day after day!

What do you think? Do you manage? Do you like it?