Meanwhile back on Earth.....
Jobs are threatened in S. California and other aerospace centers as the cancellation of future shuttle and next generation reusable engine plans kicks in. News of cancellations or major engine programs have already reached employees, although nothing as of yet has been publicly announced.
The earliest one could expect any new program initiative to start would be next fiscal year, given the governments procurement procedure. This assumes the funding is actually authorized by Congress. Meanwhile, I'd not be surprised to see significant layoffs. Layoffs of the engineering experience that will be needed...
FYI: The only Apollo engine hardware that still exists is in Houston in a museum. To my knowledge, no tooling or even detailed drawings have survived. Most Apollo engineers have long since retired, along with their expertise...
FYI#2: The Bush Space Initiative calls for the CEV to be lifted by Delta 4 or Atlas heavy lift engines (ie Air Force engines). These are disposable engines built "on the cheap", and were never designed for manned flight. They have an occasional tendency to go BOOM.