hey guitarnoob... I would actually be wary of the statement you just made.
There is always a place for relentless shred, even if it seems to be mindless or what not. It is still a technical ability and it can be quite nice if used properly. A fine example is Jason Becker.
Also, I don't know whats in Yngwie's head but if you check out this mth's guitar techniques, he plays a very mean shred for a blues improv. Very mean and very interesting indeed. A pity his album material has degenerated into such boring drudgery...
I would respect a person for his skills when shredding... but when he starts to focus only on speed/technics, I lose interest. However, thats only in my opinion... and IMO, if you want to shred, please, take the extreme path, yngwie can be a platform for you to do some beginner shred.
Move on the Rusty Cooley or Franceco Ferrari. Take the extreme shred route!