Scottb, the thing you are overlooking is that since the CLV's first stage is SRB based, and the SRB safety and reliability record is the highest of any shuttle component, where even in the event of the Challenger disaster, the SRB that leaked out its o-ring still functioned properly and did not itself fail to complete its mission, that the SRB is a very reliable item. It's mechanical complexity is nearly medeival in its simplicity. The only real things that can go wrong with it are a minor o-ring breach like STS-51, or a complete casing failure, in which case you'd have such a mammoth explosion that you would be guaranteed total crew loss.<br /><br />Given Thiokol's record with all of its large solid boosters, the safety experts have rated the SRB-based CLV as having a projected failure rate of about 3,500 to 1. Given that no launcher in history has been used more than 600 times, this means that even with a 40 year service life, the CLV will, at worst, have a less than 20% chance that just one of its launches will experience total crew loss.<br /><br />From the point of view of crew safety, the SRB based launcher cannot be surpassed, and this is from a person who does not particularly like SRBs.