I'll give you my view on breeding:
Breeding should never be done just because your dog fits the AKC standard, is healthy, and is beautiful. What more of a reason to add un-needed pups into this world. Breeding should also never be done just because your dog has titles or is a good hunter and you hope to continue the genes.
Health comes first. But you should not breed for one single purpose. I like breeders who breed for an all-around dog, who are involved with their dogs in activities, who have titles on dogs, whose dogs have been proven to carry healthy genes, who come from good lines, etc.
It's not as much the title that is important but the capability of the dog, the involvement of the breeder with the dog, and the willingness of each.
Again, just because a dog fits the AKC standards does not make it worthy of being bred. Breeding is not a small thing, because we are talking about bringing pups into this world. They are a big responsibility- it is in your hands to find them a loving and caring home, to do all that is possible to make sure there will be no health problems...or any health problems which you could have prevented. You really have to do it for the love of the breed, because you never know whether you will lose or gain money. You never know what to expect...how the delivery will go, if all the pups will survive, if the bitch will have any complications, if there will be any health problems in the pups, etc. A lot of money goes into it all and you have to be dedicated. I know breeders who are very responsible and reputable, who breed for all-around purposeful dogs, and who have run into complications along the road that have literally put them in the hole. People think that breeders make a lot of money, but they don't.