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I'm not sure if this is really about going to conferences or the lack of being able to delegate and communicate adequately back at the office.

There's also a huge gap here based on the type of business you're in. Ev and Mark Pincus sell, primarily, to consumers. But there's a whole class of businesses that sell B2B who do less then 10 (very large) sales a year. I've found that these businesses tend to gravitate to doing the conference circuit both as a great place to get in touch with a bunch of current and potential clients and as a place where, if you are a panelist or moderator, you can really raise your company profile.