They're great but they're not practical for certain things. Tough, friction resistant plastics can't be printed, so for actual engineering setups, from action figure joints to a system of gears, you're going to want to have them molded.
This also won't be happening because of the chemical properties for plastics like this. They can't be formed as easily as ABS/etc is with the 3D printers. In fact, a more tough ABS or the like is incredibly difficult because of how 3D printers manufacture the models.