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One criticism leveled by skeptics is that people studying alleged paranormal phenomena never seem to be able to come up with credible theories that link the alleged phenomena to the larger edifice of scientific theory.
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Yes, but note that another criticism leveled by Skeptics against theorizing is that any theories attempting to link the phenomena "to the larger edifice of scientific theory" are worthless and without foundation since the phenomena in question have not been demonstrated to exist.
Catch-22: you must have firm experimental evidence in hand before any theories can be taken as series, but you must have serious, accepted theories in hand before the experimental evidence can be considered firm.
Personally I would love to see a credible theory that I'm really comfortable with, but in the meantime experimental evidence that thoroughly falsifies the conventional assumptions should be taken seriously.