My guess is that most of these "miracle technologies" won't work out the way we hope, but that doesn't mean it isn't interesting to track their progress. Plus the research being done on them might still be useful. Ultimately, there might be some property of graphene that makes it unsuitable for widespread use, but some other related material might slide into its expectations.
Unfortunately, we get attached to certain big names and lay all our hopes and dreams on their backs, and they so often don't work out. We are only human, and we can't follow the whole of all technology that lies on the horizon, but even if the big names don't work out, there's still a lot of promise in this area, and I get excited by the research.