Ron.. You're applying this to existing technology..
The concept itself is similar to super conductivity, a state at which known matter reacts in a different manner than typically makes sense. It's novel when it's within a few degrees of 0 kelvin. It becomes useful as the temperature increases, proven by the commercial development of super conducting systems based on the last 90+ years of development of the reasons behind superconductivity.
This is PURE research, it may not pan out, but to sit there and say this is a waste of time money energy or learning is absurd!
Give the scientists that have grants and can find funding to develop this about 10 years.
I know they think further along than you do, I hope it pans out, might not. Science can blow that kind of loss off much as most people can't.
I love being wrong =)