If you want actual colonies on the moon, you need two things: you need to be able to live off the land, and it needs to be profitable. Living off the land is a big "if." Yes, we're developing the technology to make lots of stuff from moon rocks. But there's not a lot of carbon, and you also would have to tackle the problem of making solar energy self-sustaining (which we're hopefully going to do anyways).
The biggest problem with moon colonies, though, is making them profitable. You're certainly right, mainiac, that building satellites and such would likely be the best way to make that happen. However, I will most fervently agree with the point that such ventures would require a lot of prohibitively expensive infrastructure. So much so, I posit, that it would probably be cheaper to build the satellites here. You're not going to find a company willing to invest trillions it won't make up anytime in the next century. Same problem applies to interstellar colonization.
So, here's a table of what's likely to happen, with terrestrial examples:
| Can't live off land | Can live off land
|
Not profitable | One-shot adventures by | wealthy explorers | Mount Everest | ________________________ | Long-term scientific outposts Antarctica
________________________ |
Profitable | Long-term stays by crews | based elsewhere | Oil Rigs | | Colonies |
"The universe is probably littered with the one-planet graves of cultures which made the sensible economic decision that there's no good reason to go into space--each discovered, studied, and remembered by the ones who made the irrational decision." -Randall Munroe