You are correct there about nasawatch! This estimate is in all probability way over, just as NASA's itself is probably way under. As usual the truth will lie in between, as it always does! <br /><br />I love it when people take estimates on this type of thing as some kind of God's Truth! Every time this very, VERY difficult effort is made, even placing satellites into space, let alone the far more delicate human being, we are in essence going where no man has gone before!<br /><br />Heck, just doing what has been done some thousands of times before, placing a large communications or spy satellite into LEO with the capability to go on to a station keeping GEO orbit costs at least $500 million and sometimes over $1 billion dollars a pop! <br /><br />Usually the most expensive part of any launch system is the propulsion unit that provides the brute force thrust to get the payload into LEO. If NASA's estimates (and they ARE estimates) of the total over all cost of the VSE system to get us back to the moon and eventually on the Mars as well as being the next vehicle for the up keeping and supply of the ISS are true at some $100+ billion, then the major propulsion unit for this effort costing some $3 billion would indeed be CHEAP!<br /><br />It is just like people getting all worked up over $5 billion dollar overruns for the shuttle and ISS projects. As both of those projects cost over $100 billion each, over the 30+ years of each project, a cost overrun of less than 5% is not just good it is VERY good! Once again we were not turning out mass produced bottle caps here, we were attempting to do what had never been done before! <br /><br />With the over all losses of spacecraft, even the scientific and robot side of NASA has had that much of an overrun itself!<br /><br />If you think that pure private interests are going to be able to just undercut this by large amounts, think again! With the loss of the first Falcon I, and the amount of expenditure of funds it is going to c