I would urge caution in saying that we're past the worst of it regarding private spaceflight.

I strongly agree. As one who has some experience in this area, when you've got a few dozen good launches under your belt, you can start to breathe a little easier. But not much.

I'm hoping the private space companies have what it takes to come back after they lose some people, not just vehicles. Rutan has already gotten tested this way.

The manned systems I've helped design have LOTS of safety systems and escape modes. When all is said and done, there's nothing like a capsule with its own abort motors, one positive thing that can be said for NASA's current concept.