Joseph Friedlander discusses BFRs over at Next Big Future.

Absent a dire need (e.g., an asteroid heading right at us), I don’t see these vehicles being developed with the current market or political environment. They’re just too damned big, and they’d have too low a flight rate. I think that, barring some huge tech (probably nanotech) breakthrough, the path to space lies in small reusable chemical vehicles that grow in capability (suborbital, then on to orbit, with perhaps point-to-point in between), then size as their markets grow with them.