Would such a project be particularly volume constrained?
> doubt democracy would get them through more than 250 days, let alone 250 years
I don't. You'd be selecting for extraordinary individuals and educating them. These sorts of societies propagated for hundreds or even thousands of years in antiquity just fine.
The colonists be in a life-or-death system in a community small enough that everyone knows of everyone else personally. To the extent humans are almost uniquely exceptional at one thing as a hominid, it's exploration and colonization--I woudn't be surprised if this group winds up more functional due to scratching an underlying human need to explore and push boundaries.