Could graphene replace silicon?

Interesting (small) article, although I don't see how this development is 'good' because it would allow Moore's law to sustain.

This law has proven correct and society has been reaping the benefits as computers become faster, smaller and cheaper. In recent years, however, some physicists and engineers have come to believe that without new breakthroughs in new materials, we may soon reach the end of Moore's Law. [But] Metallic wires in graphene may help to sustain the rate of microprocessor technology predicted by Moore's Law well into the future