Not quite.

A number of reputable labs worldwide have gotten good results from cold fusion (including SRI as I recall) ... but then can't repeat their own experiments so as to get the same consistently repeatable results, the energy output ends up all over the ballpark, which has left them scratching their heads.

There was a excellent summary of the reputable work written for the layperson in either Newsweek or the NY Times back about two years ago as I recall, plus 60 miutes did a segment on it back about the same time which interviewed some of the top Phd's around the world working on it.

Just because the CURRENT theories of science can't explain it doesn't mean that all those reputable researchers are wrong in what they are seeing ... after all for many many years the TOP scientists in the world claimed that the sun revolved around the earth, and even as late as 1990 that ulcers were NOT in any way related to bacteria in the gut ...