I have to admit, I think SETI is pretty cool. And, now at least the project is privately funded. It's received funds in the past from the U.S. government and the California state government, but now it's clean of government funding.
Even if we can't travel to other worlds, it could still be fantastically useful to communicate with them.
Hopefully we'll find someone to talk to closer than globular star cluster M13, an early target of the project -- which is 25,000 light years from us. 50,000 light years for the turnaround of a message is a bit long.
But what if we found someone to talk to in the Gliese 581 system? That's only 20.5 years away. We could stream each other scientific data non-stop. We could, theoretically, receive hundreds of trillions of dollars worth of useful scientific data for under $100M.
Space is so unimaginably large that I believe the odds of their being life on other planets exceeds 100%. But... the other side of this is that space is so unimaginably large that we may never run into another intelligent species --
even if billions of them do exist. I know that's true as I type it, but I still have trouble wrapping my head around it.