Man of Honour
So is the James Webb scope only really 'good' for five years of use?
It’s expected to function for around ten years. They won’t be able to repair or replenish the booster fuel because it will be parked almost a million miles away from earth. That will be a pretty good life expectancy. There are plans for even more and bigger telescopes/observatories:
The Single Aperture Far Infrared Observatory (SAFIR) - Spitzer and Herschel successor
The Advanced Technology Large Aperture Space Telescope (ATLAST) - Hubble and JWST successor
The International X-ray Observatory (IXO) - Chandra X-ray Observatory successor
The Generation-X Mission
Terrestrial Planet Finder (TPF)
The future is very interesting.