I know that now it is only my estimation, but I based it on talking with some people, not on that web presentation. I am not arguing about SS2, it is highly probable, that it will be the first commercial reusable spaceship.
But. Dont create your opinion on that pictures - they are only illustrations "to show something". I clearly remember how Space Ship 1 looked on hand made scatches, before it was officially revealed. Also - the project members have enough experience to build usable rocket propulsion system and pack it into advanced plane. This is what I was speaking about - they are not going to build 100 passanger aerospaceplane to fly to the trip to Moon with budget of 1000 Eur. They have clear and realistic (achievable) goals to do only what is necessary and their product is designed for practical using - it will not be only some sort of engineering exercise.
And the most important aspect - they have enough money for basic development BEFORE the project started, not AFTER it started. This means, that they are not depending on collection of additional funding from investors like other projects. From this all I can see a lot of similarities with SS1, so I am in the conviction that it will be the first european reusable spaceship, that will really achieve space.