Exactly, and correlated errors, where a polling error in one state predicts similar errors across the board.
I disagree that it's all pointless though. Most basically it's smart for campaigns to have a good model and let that inform strategy where appropriate. Since the president is a big deal other people's decisions are also impacted, and in the long run it pays to have good predictions of those chances. Also, the outcome sometimes is fairly certain and that isn't always easy to see.