"Full of holes and problems" is a subjective opinion, of course, and you're welcome to your opinions, but it doesn't sound to me like a very fair description of the most powerful, useful, and successful theory ever discovered.
I'm not sure what you mean by "in order for their theories to make sense", but the bottom line is that the Higgs phenomenon seems to be the most logical way to explain mass given what we already know. If the particle is discovered, it just validates, yet again, that this wonderful model we've put together over the centuries really is the most natural way to look at things, and that the most obvious way to put mass in there is actually the truth. If it is not discovered, then it means that mass may be explained through some more interesting mechanism instead. That's why so many physicists hope it isn't found -- they want there to be more new physics to discover out there. The discovery of the Higgs, while it would be a very profound discovery whose details may help physicists answer some other interesting questions, would at the same time be kind of boring, because it's the most expected outcome.
While it's always fun to watch other "armchair physicists" talk about how "obviously flawed" the standard model is (though most don't even really know what it is, let alone whether or not it is actually "flawed"), the truth is that it is a very brilliant piece of work that cleverly explains almost all phenomena ever observed, in a remarkably simple way. I like to advise people to learn a little about modern physics before forming an opinion, rather than just glibly poo-pooing the entire subject. I can promise you that the people who bother to actually learn soon discover that the theories are a lot smarter than they had ever thought.
See 6 other replies