Hypothesis generation and testing puts the method in the scientific method. Without hypotheses we cannot do science or use the scientific method. While one cannot do science without hypothesizing, one can hypothesize without doing science until the cows come home. Witness the contents of this very article for a collection examples.
H1: The Hypotheses Hypothesis
The number of humorous but still intelligent and thought provoking hypotheses posited by this author will always be at least an order of magnitude greater than the number of people that find them to be humorous or intelligent or thought provoking.