Relevant stats:
Weight at liftoff: Saturn V 6.2 million pounds; SLS 5.7 million pounds
Power (thrust): Saturn V 7.5 million pounds; SLS 8.8 million pounds
Lift capability: Saturn V 100,000 pounds to the moon; SLS 154,000 pounds to the moon
Source
Looks to me like the SLS has half again as much payload capacity; SLS not only has more thrust, but the vehicle is lighter, and that makes a real difference, as well.
Let’s wait and see how it performs first, shall we?
Sure, it uses some leftover components from the Shuttle program.
The first four flights will use old engines, for example, and the SRBs are based on Shuttle SRBs.
How so?
Early NASA boosters were based on military hardware [Redstone, Atlas, Titan, etc], up until the Saturns.
Yeah, they get contracts to build the things, but that’s always been the case, up until recently.
The screams from the No-Nothings [“Look at all that money wasted for nothing! Space exploration is useless, given all the problems we have here on earth!” etc…] would be immediate and deafening.
How would this be good for NASA?
Hardly.
NASA funding is barely a rounding error as far as the MIC is concerned.
Yep.
No NASA, then, no Space X and no Blue Origin, etc.