Was making a photographic image the main aim of the project? Or is the image just a byproduct? I mean hard to imagine such a large project being taken up, for the benefit of public being able to see a picture of the black hole. Would this kind of multi telescope effort be capable of producing surface images of extra solar planets for example?
And yes, this is one way of representing the data. I'm not sure exactly what your question is though, as actually getting this data is really important to confirm a variety of theories and also to potentially open up new avenues for investigation. And this cost orders of magnitude less than Hubble, whose purpose was also to generate photographs, seeing as how they simply connected together existing radio telescopes.
The point was to demonstrate that this technique is feasible. Now they can use it to image all sorts of other stuff and learn lots more.