To the comments about whether or not point fighting is useful:
A bit of background on me. I started off doing almost only point fighting. This is how my original dojo was, and until I was around 13, I was only allowed to do either point fighting or self-defense situations, but those were very different than conventional sparring. After 13, they started to mix it up and we started doing contact fighting, but lightly and with equipment. I left that studio at 16, went to a different kempo place run by two professional kickboxers and took combined classes, then went on to another dojo (kenpo/judo but most people had previous experience) that had full contact mma classes. I currently am back at my original dojo, where as adults we still do both.
Now, with all that said. I dislike point fighting. Not for any of the reasons others might say, I just dont like it as much as I do contact. However, I am incredibly grateful that I learned pointfighting first. It taught me the basics of fighting, how to gauge distance or trick an opponent, and a lot of other useful stuff. It was ingrained in my muscle memory, and when I switched to kickboxing, I had to resist that muscle memory a tiny bit. I definitely did have bad habits, and discovered that very early on. However, after a couple months (and remember, this was after I had only done point sparring for 8 years), all the 'bad habits' that I developed were basically gone, and I was able to think about the fight differently then my opponents. I was way ahead of the other kickboxers in terms of abilities, and one of the instructors would have me pair up with him each class because we were basically on par with each other skillwise. When I went to college I ended up teaching striking once a week at the gym because the owner/head instructor liked my fighting style.
Overall, point sparring gave me a distinct advantage that made me a lot better than I would have been otherwise, because it taught me different tactics that I have learned to adapt to contact fighting. I'm doing it again know in order to work on my basics without worrying about everything you need to worry about in a fight, in order to hopefully improve my striking game. It doesn't deserve the bad rap it has, and the only reason it has it, IMO, is that people aren't willing to let it go when they're sparring with different rules, so they don't know how to adapt and keep what's useful.