This isn't the case with HFR, it has a very clinical feel to it, so it only works with some scenarios rather than an entire film. They can mix and match 24/48 etc rather than just sticking with one format. If used creatively, then I think it'll have it's place as much as slow motion does for films.
Exactly the slow mo sequences in The Matrix were fantastic but imagine sitting through a whole 3 hours of that