The Concorde entered service in 1976, and program launch was in the Kennedy administration. It would be surprising if technology didn't advance enough to bring huge improvements over that time period.

There are broadly three enabling technologies, plus a couple of economic factors. Technologies:

1. Carbon fiber. With the 787, we finally have a transport-category aircraft with significant amounts of carbon fiber that has gone through full FAA certification, which significantly lowers the barrier to us using it. Carbon fiber does a lot for us. It is lighter and stronger than aluminum, but it is also more thermally stable. Concorde grew about 15 inches in flight as its temperature rose in flight. Our leading edges will reach over 300ºF at Mach 2.2, and our plane will grow less than an inch in flight. That is a significant maintenance cost reducer. Carbon fiber also enables more complex geometries without expensive tooling costs. Our plane won't have a straight line on it. We can take better advantage of area ruling to improve aerodynamics. In contrast, Concorde's fuselage was a cylindrical tube.

2. Engines. There is a (much slower) Moore's law for engine cores; they get better at a rate of around 1 percent a year. Move 50+ years forward from when Concorde's engines were designed and you have a real improvement. Concorde used 4 turbojets (i.e, zero bypass ratio) and we have 3 medium-bypass turbofans. Plus no afterburners are needed. When Concorde used afterburners to punch through the transonic regime, they had a 78% increase in fuel flow for a 17% increase in thrust.

3. Computational fluid dynamics. Concorde is all the more impressive for the fact that it was designed with slide rules and wind tunnels. Wind tunnel tests are expensive, taking six months and costing millions of dollars. We can do virtual wind tunnel tests in software in about 30 minutes. We still use tunnels to closely test harder aspects of the design (e.g., low-speed handling qualities), but we have much more rapid design iteration than Concorde could have hoped for.

On the economics, we are right-sizing the aircraft. Concorde had 100 seats, but it usually flew with a very low load factor (half-empty). Our design has 55 seats, which is similar to the premium cabin on today's widebody subsonic airliner. What this means is that any route that can sustain widebody subsonic service today will basically work supersonically. We expect much higher load factors, which are helped by business class fares and a lower number of seats to fill relative to Concorde.

This leads to economies of scale. Whereas Concorde really only was profitable between New York and London, Boom flights make economic sense on hundreds of global routes. Which means we'll sell more planes and drive maintenance costs down further. Only 14 Concorde units ever saw commercial service. Ultimately, when Concorde shut down, it was because Airbus stopped making spare parts. In contrast, one public report by the Boyd Group estimated supersonic demand at 1300 planes. With almost two orders of magnitude of planes in service, we'll achieve much better scale on maintenance.

Hope this answers your question about the magic.