Rocky Mountain Right, a member of the Rocky Mountain Alliance of Bloggers, announced yesterday "So Much For Hope for the Future" in regards to a report that Obama's transition team has requested information from NASA as to the cost of closing out some portions of the new Constellation Program, which consists of Ares I, Ares V, and Orion (two launch vehicles and a crew capsule).
As an insider into the Human Space Flight world (as an employee for Project Orion), I would cheer the cancellation of Ares I, which is what Obama is contemplating doing. Ares I is overweight, underpowered, and poor engineering design. A better alternative would be the Direct 2.0 (Jupiter) launch vehicle, which is an Ares V lite... or perhaps continuing the EELV program, though that would still be more engineering and longer lead time on a launcher...
Currently there has been a schedule slip due to the inability to perfect the Ares I launcher... based on these slips, the first manned launch of the Constellation program is potentially slipping from 2015 to 2017 - that is for the first manned TEST flight... that is 7 years of lag time between the shuttle and this program... Under Direct 2.0, first flights could be as early as 2011 - 2012... as well, it keeps the shuttle infrastructure in place, so we could extend the shuttle a few more flights - and thus there would be no gap in the US' ability for Human Space Flight.
NASA, under Bush, is currently mismanaged. I don't think that Obama can hurt - in fact, at this point, some slight change in direction may actually help expedite the manned space flight program, and eventually Human Mars Missions.