Earlier quoted context omitted.
It is because the payoffs would be so enormous that business like this and "overunity motors" continue to gain attention. All of those other elixirs were shams, but this one will work! Finally, immortality! The enormity of the reward causes the payout matrix to lead people astray. Don't get me wrong, I see a vacuum chamber, which is light years ahead of most of these enterprises, but I would not spend a dime on it un…
It's a kind of Pascal's mugging, I think. https://en.m.wikipedia.org/wiki/Pascal%27s_mugging That said, Woodward does not seem to be an actual charlatan, so I don't have a problem with funding him. At least he might turn up something fun and/or interesting, even if I don't think it's going to usher in a new space age.
I strongly suspect that whether history remembers him as a charlatan will depend heavily on whether one of the supports of his branch proves false and it snaps off, or whether he's been right this whole time and we suddenly oops ourselves a propellantless drive that operates by coupling to the gravitational field and pushing distant objects around. ;)