Yeah I'm very much looking forward to both although, like I said, I'm more excited about Elite as that was what I used to play as a kid. I think it's fantastic that the space game genre is getting so much attention after all these years, not only do we have Elite and SC but also Limit Theory as well as a few other interesting little projects.
The other thing I like is that both games are coming from completely different angles. Elite with it's procedurally created content and SC going for the tailored approach.
Also SC will have Rift support from day one which Elite doesn't and Braben and co won't say anything more than 'we're looking into it' which doesn't sound that promising.