Fully agree. I would also like to know what came out of this or if it's too soon yet to tell.It's perfectly valid for expenditure of this magnitude to be questioned. Resources are not unlimited and taxpayers deserve an explanation about how their taxes are spent. While I agree that funding for good science is needed, even in tough economic times, it can't ignore economic and political reality.
The people at CERN have a done a good job of convincing govt's to continue funding the project. They also need to be aware that this doesnt give them a licence to piss away money.