SpaceX tries again

SpaceX is poised to once again attempt the maiden flight of it's Falcon I rocket. Their first launch attempt in November was scrubbed after problems with an oxygen valve and a computer reset.
The first launch of any new rocket is one fraught with difficulties and unexpected problems, so its not surprising that they are taking a cautious approach. After spending $100 million in the development of the Falcon, a lot is riding on this launch.

The launch is scheduled to take place today at 2:00pm EST from Ronald Reagan Ballistic Missile Defense Test Site on Kawajalein Atoll in the Marshall Islands.