"Meetings are known as the place where productivity goes to die."

Don't forget motivation.
The only think that increases during meetings is the coffee use.

Thankfully, I have mostly positive experiences with meetings ... But understand quite well problems with meetings (esp. when meetings are not with fellow developers so become brainstorming sessions but with managers and/or customers, thus fruitless long talks).

Trues Up

What do you mean? Any PM will tell you that one or two meetings a day will help keeping the project in check.

Your team does give time estimates that are double or triple the actual required time for the project... right?

@SnafuAI Yep. ;)