A good move
If they really want to "maintain a competitive edge in the space race", this is a good direction to take, since they have little to worry about in the way of competition from the west - public opinion in the US and Europe has and will continue to prevent any serious moves in this direction. So we'll continue to poke along with our chemical or solar or itty-bitty-RTG powered spacecraft, while Russia has the opportunity to take the large-scale/high-performance arena for itself (unless the Chinese decide to get involved). That it would decide to spend the rubles to exploit that opportunity is probably too much to hope for.