What is the point of getting engaged?

I don't quite understand. Being engaged is in no way legally binding. Its simply a discussion between two people and agreeing to be married. This could happen with or without a date in mind, and it could range from being engaged a few weeks to years. Could you not just have an agreement to be married without being "engaged".

What, in your eyes, makes an engagement "official"? The ring? The words "will you marry me" followed by a yes? I just dont understand....why do we need this extra step in between boyfriend/girlfriend and marriage?

Update:

The "tradition" of the diamond engagement ring was created in the 20s by DeBeers, a heavy marketing strategy to make men think they HAD to buy a woman a diamond ring to get married to them. And how clever that was.

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