Space elevators

Glenn had this link on his blog. The idea sounds fascinating, especially when considering this:

It all boils down to dollars and cents, of course. It now costs about US $20 000 per kilogram to put objects into orbit. Contrast that rate with the results of a study I recently performed for NASA, which concluded that a single space elevator could reduce the cost of orbiting payloads to a remarkably low $200 a kilogram and that multiple elevators could ultimately push costs down below $10 a kilogram. With space elevators we could eventually make putting people and cargo into space as cheap, kilogram for kilogram, as airlifting them across the Pacific.

Third floor, Scotty!