You got it.
Even more so, look for private companies to take up the slack.
It’s going to be a few years before SpaceX can carry passengers to the ISiS, the Moon, or to Mars because they have to get the Falcon 9 and the Falcon 9 Heavy man-rated. This isn’t going to happen until around 2014.
“look for private companies to take up the slack.”
The private companies will have to compete with the Russians, Chinese, Japanese, and Indians.
The private companies will get most of their money from FedGov, unless someone finds a way to make a buck in LEO other than trucking sats up.