Well, there's a species of jellyfish that doesn't age! But I doubt that even they would survive a second big bang :)

Guys, stop worrying about these experiments causing a black hole or a Big Bang. Sure, the energy produced is extremely high, but since the masses of the objects in collision are very small, much more energy would be required for the explosion to decay into a black hole. And even if it were to do so, the black hole would be too small and with low gravity so it wouldn't attract that much matter at the beginning, which would result in it decaying anyway since it wouldn't be able to support itself.

As for Big Bang worries, again, the energy needed to be output is too large for the collider. Even though the collisions allow for the replication of the Big  Bang a few moments after the explosion, you can think of the Big Bang as rapidly cooling. Most of the energy is released at the very beginning, so even the great outputs of energy of the LHC will only be a fraction of the energy that was output at the Big Bang.

Them forming a black hole isn't really a worry because it would have so little mass that it'd decay almost instantly.

To form a dangerous black hole, an incredible amount of matter and energy, so of money to provide them, would be required...

ZOMFG! First MS moneyhatted reviewers to sink GT5, now it will moneyhat LHC staff to create a black hole under Nintendo headquarters!!!  =:-O   

I always feel something wrong will happen :P   Anyways fantastic news! 

Call me a simpleton... but what the fuck does all this mean?

Also, does this project have any future in the terms of applying research to technology? I mean, will the results of these experiments exist in any way with the discovery of new live forms (like, if loads of little planets supporting life formed out of one of these Big Bangs... we could apply this to our own universe), or enhancing our space travel technology?

Again, I have absolutely no idea what's gwarning with the LHC... and I'm failing to see where and how the profits are going to start rolling in.

Well, in short, this will help us explore the conditions of the Universe shortly after the big bang.

However, a better understanding of our universe will likely lead to real world applications too. In a previous thread I drew a comparison between the theory of relativity and the work done at LHC. When the Einstein developed the theory, no one could have imagined that the new theory would be essential for technologies that now underpin our entire modern society such as satellites. But a better understanding of physics may lead to new technologies that we can't foresee yet.

We can hypothesise about the potential technologies too. In the other thread I spoke about how a better understanding of antimatter, which is something the LHC is built towards finding out, could perhaps one day have practical applications as a new source of energy. but this would all be getting ahead of ourselves right now.

Also, I should mention that the vast amount of engineering knowledge developed just building the thing alone is probably almost worth the price tag.