The other part no one is talking about is the applicability. Navier-Stokes is the most “physical” of the Millennium Problems. Is the exploding solution a mathematical curiosity, just like the Banach-Tarski Paradox does not allow me to double my RAM by cutting my memory modules in five pieces and mounting them back appropriately? Or does it have application in the real world, pointing to hitherto unknown resonance phenomena that could allow to prevent the next Tacoma Bridge incident (or, more sadly, to build new marine weapons)?
I suspect that Navier-Stokes being the most "physical" of the Millennium Problems will actually result in it having fewer practical applications, not more.