These university press releases are always very positively framed. This one makes the new magnet seem incredibly promising and fusion seem like almost an inevitability now, but decades of failure have us conditioned for skepticism. What's the catch this time?
Very little is invested into fusion power as a project, overall. So advancements seem to come when outside influences cause breakthroughs.
I wonder how different the world would have been if it had for whatever reason been easier to produce fusion power than a fusion bomb. Military investment into the bomb would have probably pushed things forward a lot quicker. As is, the US military built thermonuclear bombs very quickly and then the appetite for advancement just dried up.