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Old news guys.
This is the CEV (Crew Exploration Vehicle) program.
NASA was originally going to have a flyoff between 2 prototypes by 2010 to choose the best setup. Now theyve jumped ahead and will choose the best option off the plans by 2008.
Yes, their using 1970 technology for launch ,but with upgraded 21st century technology for the craft.
It's also for the next lunar missions. So,no its not a step backwards.
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