Agree, the gravel just churns around in the first inch or so of the clear tube and falls back down as you lift the tube, while the debris trapped amongst the gravel is then stirred up and floats upward with the slow movement of water out of the tank via the siphon hose. You will observe that not all the stirred-up debris gets taken out of the tank by any means.. that's ok because you have to think of it as just an ongoing thing, a partial cleaning that happens each week.
This weekly maintenance process is accomplishing a lot of things. It is keeping the debris in the gravel from collecting in amounts that would eventually be in danger of fueling a sudden bacterial bloom of the heterotrophic bacteria, with subsequent ammonia spikes. It is removing the nitrate(NO3) which is the endpoint product of the biofilter and is the "canary in a coalmine" for the other pollutants. It is removing untold trace metals and organics that we don't have the time or money to test for but which could be bad for the tank if left to build up over many months/years. It is removing water with whatever carbonate level the tank now has and replacing it with whatever carbonate hardness level the new source (usually, tap) water has. This is often the way that essential calcium nutrients get supplied for plants, bacteria and fish, all three of which need calcium, magnesium etc. in reasonable levels. Finally, just for fun, it is my own opinion that its supplying water movement, temperature change and general fun for a bunch of fish that would probably get a lot more of that out in their natural habitat!
~~waterdrop~~