Seems reasonable to compare it with other rockets that have never been launched, then. I think it is a much more impressive concept than anything anybody else is seriously talking about building in the near future, but it really is next on SpaceX's "list". BO's next planned rocket doesn't get a pass on its non-existence just because it's less impressive (maybe a bit more impressive than what SpaceX has
already flown to orbit).
Personally a lifetime of learning to be cynical makes me think that BFR is too awesome to be true and that it will never happen. Maybe BO's careful approach and Bezos' deep pockets will let them succeed where SpaceX will ultimately fail.
On the other hand, SpaceX has not yet given us any concrete reason to expect them to fail. Quite the contrary, in fact.