Would the physical world exist if there were no one conscious observing it? Talking about bishop Berkeley's philosophy (esse est percipi!).
I'm a graduate student in physics(used to study chemistry first but then changed my major subject), but I find it hard to accept the fully materialistic world-view of most physicists. I don't think that human consciousness, for example, can be fully reduced to physical processes occurring in the brain.
Similarly to the discussion on nihilism in another thread, the materialistic school says that there can be no real 'values', only physical processes. But wanting to know something about physics is a value in itself, which is a kind of a contradiction.
The pre-20th century classical physics was completely deterministic, saying that all phenomena can be exactly predicted. Quantum mechanics isn't like that and often makes only statistical predictions for the outcomes of experiments, leaving some room for the 'mysterious' that idealism requires.
The role of a conscious observer is important in quantum mechanics, see
http://en.wikipedia.org/wiki/Measurement_in_quantum_mechanics . This produces some philosophical difficulties when you try to apply QM to the universe as a whole, someone making an observation of the universe would have to be not contained by the universe, which is impossible by definition.
It's sad that QM is mathemathically too difficalt for the average person to have even a basic understanding of. It easily takes several years of trying to understand all the infinite-dimensional Hilbert spaces and hermitian operators before one gets what its about... (I just failed a course on quantum field theory last spring, got to try again next year...)