I don't understand the people who say pace is greater. Give me one bowler in the last 10-15 years, who was good but couldn't swing or seam it. Akhtar was deadly because he swung it, without swing he's useless. Same for Lee, Bond, Tait, etc. They all swing it.
McGrath wasn't a swing bowler, he was a seamer but he didn't have pace, yet is one of the best bowlers of all time. Same for Pollock; these days you have Asif.
Pace may have been a weapon 25-30 years ago because there weren't a lot of genuine pace bowlers so because of a lack of experience facing them, they were more potent. Nowadays every other guy can touch 90. That is seriously no criteria for success at the international level. Tino Best comes to mind.
Kulasekara, Praveen Kumar, Bracken, these guys are good / very good ODI bowlers and they don't have pace. How many bowlers have just pace (no swing or seam) but are successful?
P.S: accuracy plus a bit of movement (seam or swing) is the greatest weapon in international cricket these days.