Being a competitive bench presser, yes for sure the bench has become a major ego lift. People cheat like crazy then justify it in their minds that that is their max bench press. Never has such a basic exercise been butchered by so many people. Let’s discuss what the delusional do:
1. Having the spotter’s hands on the bar is not a bench press. Don't give me the it's for safety crap either, he's helping you out period as if you can handle the weight, you don't need his hands there for anything but a liftoff. Sure it's fine for a forced rep or two if that is your thing, but it doesn't count as a bench press max.
2. Touch your chest or it's not a bench press. Generally the heavier the weight gets, the less close to the chess the bar gets. No need to explain except to say don't even try the it's bad for your shoulders excuse. The equivalent of the pussy I can't go deep on the squat because it's bad for my knee's excuse.
3. Butt comes off, often way off the bench. Simply not a bench press and will get you redlighted in 100% of all powerlifting meets.
4. Over bouncing the bar, actually don't see this one much anymore as most people don't even bother to touch their chest.
I like the bench because it works well for me and I'm strong at it. Not everyone is built for it and many will get better results doing other exercises. It isn’t required for a big chest but it can sure help. However if you are going to do it, don't do it for ego and do it right.