> There is plenty of reason to study them; they provide validation/rejection of our theories.
That's not always enough to fund sufficient research, especially as those avenues of research show no more promise in uncovering a more fundamental model or validating/rejecting theories better than the ones that are currently explored.
> yet fields with no power difference have disparities which directly mirror the disparities you claim are driven by "power", that suggests there is an underlying theory that doesn't use power at all and which predicts more things.
If only you were right about the facts then your (unique, I must say) theory -- which I can only guess at[1] because you won't state it clearly -- would merit a closer look, but you're not. You are equating existence of bias with existence of bias, but with no regard to effect size. Here are the facts: http://www.randalolson.com/2014/06/14/percentage-of-bachelor...
CS participation was the same or higher than math and physics, and now it's significantly lower. The difference today between participation in math and physics vs CS (and engineering) is far higher than the relative difference between biology and physics. Indeed, it is higher than the relative difference between English and physics.
The social power theory is currently the only theory that has enough evidence to support it, and it gathers more evidence every day, which is why it is the (current, at least) consensus of the scientific community. Your theory (whatever it is), describes neither the observed differences in academia nor in the industry and runs counter to the body of knowledge we've accumulated about power dynamics, group behavior etc.
[1]: If your theory claims innate ability is a major cause of the difference, then it has been disproven. No differences in innate ability were found to be even in the ballpark of the participation difference we see in society. At this point in time, we can say with a high degree of confidence that innate ability is not a major explanation. Even evolutionary theories would reject ability-based explanations, as there is little reason for such huge differences in ability (way beyond difference in physical strength) in a species where the two sexes play almost identical roles (compared to, say, insects). If you have another theory, please state it.