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The SpaceX approach also completely bypasses a ton of the nonsense local bureaucracy, stonewalling by existing ISPs, etc that a company would have to deal with to put in cables, towers, etc in the first place, saving both time and money.

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Yup. This is actually one of the more important factors for consumers that is underestimated.

I've been pegged at 1000% excitement since I first found out about this project a year ago. This is the best thing to happen to this service industry since probably ISDN.

This is not a good thing. Eventually countries will heavily regulate satellites and then SpaceX will be the monopoly that keeps small players out. Instead of postponing the problem of getting rid of an evil monopoly, citizens should realize that last mile internet delivery is practically identical to water, sewage and power systems that can be owned by the city and leased out to providers.

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