Well, if they want the Moon as a venue, I have nothing against, but color me skeptical.
If technologies for habitation of space are being tested, it seems to make more sense to send robots to the Moon (possibly build a system for robots to hurl resources up from the Moon, like an electromagnetic gun capable of overcoming 16% of Earth gravity) and leave people to mostly inhabit movable ships/stations.
Why? Because landing in (and leaving from) the gravity well of the Moon at human-tolerable accelerations requires costly chemical rocket fuels. Human civilization has a terrible track record at producing those economically. All rockets currently capable of lift-off are essentially really fireworks, turning nearly all their energy to heat, and very little to directed movement.
Raw material however, can be hurled up from the Moon, perhaps not cheaply but efficiently and in quantity (and could be mined from asteroids even better). People will need a smooth ride, and those are terribly wasteful unless you travel with ion engines (and those are useless for liftoff). Besides, the damn Moon thing doesn't even appreciably spin so I think you can't build a "short" space elevator on it either.
Living on high Earth orbit or a Lagrange point of the Earth-Moon system, and learning to fetch resources from the Moon and build from them, sounds *much* more appealing in many senses, than squatting on the Moon.
They can't be thinking that we'll be able to inhabit a fraction of space if we stay depending on chemical rockets to land on high-gravity bodies, and chemical rockets to lift off. Those cost like hell. We'll never have widespread space travel if we keep depending on those.
But if they do want it, I guess they've thought about it. So I'm not opposed to trying, and while I'll watch their experiments with interest, I will watch developments in scramjets, beam-powered launch methods and space elevator tech with even more interest. Because those promise to get an appreciable mass out of Earth's gravity well economically, even if you have to transport it in small handfuls of a couple of tons.