Most all-star games aren't that great. No one wants to get injured, there's very little sense of teamwork, and ultimately, the game doesn't matter.
Skills competitions, on the other hand, are totally awesome. For one thing, you get to see stuff like what Nikita Gusev of Yugra Khanty-Mansiysk did in the KHL's version of the event:
Our favorite part is the little twirl at the end. Just so smooth. We don't even feel all that bad for the goalie.