Higgs' hypothesis (so far, this is just an hypothesis) is beautiful. It is elegant, appealing, etc... because it allows to rescue symmetries that are not observed in nature, but that still pertains to physical laws. The purpose of the Higgs boson is unification. We would like it to occur.
But we don't NEED it. We can deal without it. As long as its mere existence is not established, we should not care wether it is real or not. Only experiment can tell. Therefore, I would suggest not to use such "name" as "God particle", which is rather ridiculous for a scientist (don't you agree?). I do not expect physicist to quit their jobs if the Higgs boson does not show up at LHC.
Besides, the Higgs mechanism is far more general than that. It is actually used here and there, in various models to generates particles from the breaking of a particular symmetry. In this case, we have effective theory describing effectively particular situation. But this is already enough to justify the study of Higgs mechanism by itself, with or without the Higgs fundamental particle of the standard model.
I don't really understand the link with ultra-high energy protons in cosmic rays, "Oh my God"-particle as they put it.