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Personally, I'd rather see the GISS and the rest of NASA funded adequately (yay space elevator!) so that mistakes are not made and real progress is, but I can't complain about outside watchdogs that improve the end product. ...
Once we have a relatively inexpensive way to escape our gravity well (space elevator!), large scale engineering projects in earth orbit are very feasible. The tether is, AFAIK, the remaining technological impediment to building a space ...
After recent Elevator:2010 competitions (previously), of which no entries have yet managed to claim prize money, and ongoing efforts from NASA, and private investors, we'll see if Japan can up the game in the coming months. More info on the Japan conference, and other upcoming internat...