Personally I love hand waving. If you can explain the technology then it is something that is possible today or in the near future. I want a sci-fi game with future tech which requires hand waving. Note that this does not mean breaking basic laws of science - of course these laws were determined by perfect scientists who have never been wrong in the past...
Was environmental systems or gravity on space vessels, including the shuttle, ever described in Star Trek? I like my transporters (via psionics in Traveller), hand held energy weapons, tiny wireless communicators... oh, wait, we have that one already.
Well, I'd say if you can explain the technology, it's something that's possible today or in the future - I'm not so sure about 'near'.
If you can't even explain the technology, it might not be possible at all. My golden rule with technology is the immortal words from the LBBs (that I can never find when I want to quote them

) about Traveller tech being explainable and excluding mysterious zapotron rays.
As I've stated in technology threads before, I need to know what the black box does and how it links to the rest of the universe, without needing to look inside the black box and see how it does what it does.
Of course, I agree we don't know everything, and armchair rule-writers know a lot less than cutting edge scientists, but I feel an attitude of 'bung it in, nobody knows or cares' perhaps short-changes the readers.
YMMV.
EDIT:
Was environmental systems or gravity on space vessels, including the shuttle, ever described in Star Trek? I like my transporters (via psionics in Traveller), hand held energy weapons, tiny wireless communicators... oh, wait, we have that one already.
My transporters work (will work when they're invented at TL 16/17) thanks to an increased capability with short range Jump travel facilitated by the increased energy available from antimatter.
Explainable but not detailed.
My antigrav works by a subtle interplay between the electromagnetic field and the gravitational field, discovered when quantum mechanics and relativity are reconciled.
Explainable but not detailed.
My hand held energy weapons are down to greatly enhanced semiconductors and energy storage techniques developed after the discovery of room temperature superconductors.
Explainable but not detailed.
My tiny wireless communicators work via subtle manipulations of the electromagnetic field resulting from a fuller understanding of quantum mechanics
Explainable but not detailed. Oops, yes you're right, we already have those...