Actually, if you were look up the contributions of most famous modern scientists, you'd find that they are mostly one-hit wonders.
I'm not sure that's entirely fair. For the most part, they're one
field wonders. The days of the polymath contributing to every area of science are gone, because science has advanced massively since then and it's simply no longer possible for someone to learn enough about multiple fields to contribute significantly to them. In fact, for the most part people only specialise in a very narrow part of their chosen field and don't even know a huge amount about things that might seem to the layperson to be practically the same thing.
So it's not that people are actually one-hit wonders. It's usually that they make one significant breakthrough, then spend the rest of their life working in the same narrow area working out the consequences of that breakthrough, or doing other related work. The follow-up work might be just as, or even more, important, it just sounds less impressive to the layperson because they're still working on the same thing rather than jumping to a completely different field and making breakthroughs there as well.
Many of the well-known physicists of the our generation are well-known because they do well at promoting science to the general public, a much need service particularly in the US. Sagan, Tyson, Kaku -- for me, educating the masses has been their greatest contribution, and no less worthy.
Definitely. And really, it shouldn't be particularly surprising that the best known people are the ones who are best at talking to the public. Obviously we don't tend to know about the people who don't talk to us. I'd say the same is at least partly true for Hawking - people know of him largely because of his books and TV appearances, not his actual physics. Plus, as Sol says, his disability. Even if he's not one of the best physicists around (and let's be honest, "not quite the best" isn't exactly a major criticism), he's still a great role model to show what a person can achieve despite a seriously crippling disability.
As for him doing less and being wrong recently, it's worth remembering that science only progresses by having people be wrong. Without having people to challenge and criticise what eventually turns out to be the right answer, me might never reach that answer at all. Being wrong is only a bad thing if you continue to be wrong long after we know better. Take Hawking's bets about information escaping black holes, for example. Sure, he was most likely wrong about it. But he was the one that did a large part of the work to show that, and has happily conceded that he was wrong and lost the bet. That's exactly how science is supposed to work. Although it's also worth noting that in that case, not everyone is convinced he has actually lost the bet, including one of the other parties to the bet.