Each successful steal adds about .3 runs to a team's total -- far less than in generally believed. SBR estimates the impact of base-stealers, which, other than the elite base-stealers, rarely amounts to more than a few runs per year.
You can't say that it only adds .3 runs to a team's total - that is an incredible leap in logic. What about:
-the pitcher's performance when he doesn't use the wind up.
-a successful steal keeping you out of a double play
-how the man at the plate hits knowing that he is more likely to get a fastball
-the fact that many CS are botched hit and runs - does that mean you should also count the successful hit and run as another SB because the man on first made it to third?
In short what I am saying is that station to station baseball is good for certain teams but teams with speed have an extra weapon that a manager can advantage of if he is a good tactician. Saying that a SB is merely .3 runs is the equivalent of saying that ERic Gagne only gets you 3 outs a game so he is not that valuable - that's not so because it does not take into account which three outs he gets for you.