There don't seem to be many popularizations. This looks fun and as far as I can tell is neither lying nor bullshitting us. This is an actual published paper, for those with the maths to really check.
I don't think I understand the relevance of your example, but I agree on the bullet-swallowing point, especially as I am an inveterate bullet-dodger.
I think I should phrase this properly by dropping into the language of the Lord High Prophet of Bayes, E.T. Jaynes: it is often optimal to believe in some model with some probability based on the fixed, finite quantity of evidence we have available on which to condition, but this is suboptimal compared to something like Solomonoff Induction that can dovetail over all possible theories. We are allocating probability based on fixed evidence to a fixed set of hypotheses (those we understand well enough to evaluate them).
For instance, given all available evidence, if you haven't heard of sub-quantum physics even at the mind-porn level, believing quantum physics to be the real physics is completely rational, except in one respect. I don't understand algorithmic information theory well enough to quantify how much probability should be allocated to "sub-Solomonoff Loss", to the possibility that we have failed to consider some explanation superior to the one we have, despite our current best explanations adequately soaking up the available evidence as narrowed, built-up probability mass, but plainly some probability should be allocated there.
Why, particularly in the case of quantum physics? Because we've known damn well for decades that it's an incomplete theory! If it cannot be unified with the other best-supported theory in the same domain (General Relativity), then it is incomplete. Period. Reality does not contradict itself: the river of evidence flowing into General Relativity and the river of evidence flowing into quantum mechanics cannot collide and run against each-other unless we idiot humans have approximated two different perspectives (cosmic scale and micro-scale) on one underlying reality using incompatible theories. This is always and only our fault, and if we want to deal with that fault, we need to be able to quantify it.
Coincidentally, I was actually heading out to meet my dad (a physics Ph.D.), and I mentioned the paper and blog post to him to get his reaction. He asked me to send him a link, but he also pointed me at Feynman's lecture on electrostatic analogs, which is based on one of those simple ideas that invites bullet-swallowing: The same equations have the same solutions.
This is one of those ideas that I get irrationally excited about, honestly. The first thing I thought of when you described these hydrodynamic experiments was the use of similitude in experimental...
Another month, another rationality quotes thread. The rules are: