On the contrary, I've found that great engineers are more concerned about flimsy interview processes. They know that everyone else will be picked by roughly the same process that they are. They want to have confidence that their colleagues will be good.
(I agree that soft skills are critical, though. I work at Stripe, and part of the reason we picked this set of interviews is to assess those soft skills in something as close to a real-life situation as can be approximated in a few hours.)
