A PhD is only as good as the reputation of your advisor. If everybody knows your advisor then you won't have a problem finding a job in academia. If your PhD is not backed by a prominent professor with a name, you're going to have a very difficult time finding a good position. It may be a bit easier in CS, where universities have to compete with industry, compared to my field (physics/chemistry/materials science), but generally this is how academia works.
An easily obtainable PhD is generally not the right kind of signal.
A PhD is only as good as the reputation of your advisor. If everybody knows your advisor then you won't have a problem finding a job in academia.
I would amend this to be "if everybody knows your advisor you'll have FEWER problems finding a job in academia." Some fields are very, very crowded (theoretical physics, for instance). For a very brief time, I was in a small team at a consulting company where 3 out of the 4 of us had done a science phd under a Nobel winner, and still ended up making major career transitions after half a decade of ...
Thus spake Eliezer:
It seems that many here might have outlandish ideas for ways of improving our lives. For instance, a recent post advocated installing really bright lights as a way to boost alertness and productivity. We should not adopt such hacks into our dogma until we're pretty sure they work; however, one way of knowing whether a crazy idea works is to try implementing it, and you may have more ideas than you're planning to implement.
So: please post all such lifehack ideas! Even if you haven't tried them, even if they seem unlikely to work. Post them separately, unless some other way would be more appropriate. If you've tried some idea and it hasn't worked, it would be useful to post that too.