It is like the old sci-fi stories from the 1950's, when writers expected that in 2000 space travel would be as common as airplane flight. I think that more private, low budget efforts such as this one could drive expanded space travel development.

So far only huge commercial companies with billions of dollars have attempted such as thing, but that could change with projects such as this one. On the website it says that they plan to release as much of their designs as are allowed under export rules. It would be nice to see more home-brew projects. The danger of course, is that if this space launch fails and somebody dies it could be a Hindenburg for private, low budget space rockets.