Space Telescopes Vs Particle Accelerators?

RobotWisdom asks: "As I follow the scientific results from the Hubble and other space telescopes, it sure seems like they're delivering a ton more bang-for-the-buck than particle accelerators could ever dream of. If we can map the universe at every wavelength, won't this be data enough to -deduce- the particle laws? Is there still any reason to waste any money on accelerators?"