Earlier quoted context omitted.
> SpaceX is doing great implementations of pretty conservative designs. Like the other reply mentioned, they are certainly working on some technologies that are starkly less conservative. One example is the Grasshopper [1], a reusable first stage that is capable of returning to the launchpad under controlled burn. [1] Here's the most recent 325m test: https://www.youtube.com/watch?v=eGimzB5QM1M
It's worth mentioning that their "less conservative" VTVL rocket is currently hitting about 10% of the DC-X's ~3100m record. While the grasshopper is very cool, the concept of a VTVL rocket is not new. Hell, the Apollo Lunar Module technically landed and took off afterwards, as well!
You have to wonder how large a role is played by NASA not having a shuttle now -- and hence no motivation to use its political clout to stop competition?
Let us just hope delaying the real space age capabilities a few decades won't result in the death of humanity... (But if we go extinct because of a bureaucracy's need for job security, we arguably deserve what we get.)