I hate to burst their bubble but this has been on the drawing board for decades. Barnes Wallis was a great exponent of the principle of hypersonic transport back in the early 1960's the only problem is the atmosphere, which even at altitudes in excess of 25 kilometres is still, too thick to allow anything to travel much faster than mach3 without literally burning up.
What you have to do, and this applies to the Falcon along with all it's ancestors is to get high enough for the atmospheric friction heating to be acceptable and then you can fairly bat along. Provided you have a suitable form of propulsion that can cope with such a limited amount of oxygen..........
However, as a practical form of passenger transport it has one huge drawback, it has to get up there and back down again and that would add so much time to the overall journey that something like Concorde would beat it hands down.
What I want to see is someone building Concorde Mk2's .
As Mr.S points out the Falcon is essentially a weapon and the passenger potential is just a smoke screen I'm afraid.
