This I completely disagree with. As much as I dislike the fx systems, you didn't need magic or psionics to make ithe game work.As others pointed out you really needed magic or psionics to make it work..
Exactly- that is a failing not of the system but of certain players being uninterested in the system's default power level and playstyle. You may want psi or arcana, but they're not required to make the game work.
Not every "modern" genre setting requires magic or psi, and some may even become silly if they're included. It's tough running a mystery/detective game when a significant portion of the PCs or NPCs can use divination spells or psionics. A Rambo/Full Metal Jacket type campaign might lose some of its appeal if someone can TK bullets away from their body.