It won't affect the price of tea in China, or even create a new superbomb, but it's pretty cool nonetheless.
Yes, I'd like to see them do it with no government funding. Yes, it has no practical applications (yet). But there's just something that grabs me personally to see scientists still able to pull off feats of great engineering.
And, who knows, some interesting physics might come from it. We might someday learn why there's so little antimatter in the universe, and why antimatter atoms are rarely found. Will that have any practical application? I have no idea.