Would I rather have trams than not have trams, absolutely -- but they shouldn't be relied on as a true solution to urban transport.
I am not sure if this implies you think Melbourne is lacking a underground metro? Or perhaps you're just making a general statement.
FWIW Melbourne has both trams and a underground metro system that does a fairly respectable job serving the CBD, and good network coverage to inner suburbs.
Whether the line is fully underground or not doesn't seem to affect much (other than ventilation).
I know it doesn't look too different to a passenger but operationally I think they are very different.
NYC, Paris and London are major cities. Teheran is between Sydney and Melbourne in area but has 3X the population.
I take a tram to work every day, and any underground metro system would take a lot longer (It's a relatively short trip.)
I live in a city with underground metro, buses, trams and trolley buses (Milan, Italy.) It's nearly impossible to change the route of a tram line unless there are rails and overhead cables everywhere but it's immediate for buses. Even trolley buses can move on batteries to drive around road works or car accidents. On the other side trams can be much longer than a standard bus and accommodate more people. The trend is to have tram routes that don't share the road with cars, electric buses and more underground metro.
These ones are basically a small bump, you don't even slow down when you go over them. If you're riding along them they can be slippery and you can get stuck in the grooves, but they're in the middle of the road so this isn't really an issue.
And: https://www.smh.com.au/national/tram-tracks-a-trap-for-cycli...
http://www.executivestyle.com.au/rail-lines-tram-tracks-and-...
It's a common issue for cyclists in Melbourne.
Now, a proper analysis would compare this detriment to the risks presented by busses, more cars, etc.
But if you cycle in the direction the tram travels - as you would if it was a bus lane, or a car would in a lane shared between trams and cars - then [1] can happen. Wheel goes into the groove in the road, cycle can't no longer steer, so it can't balance.
Obviously, you might think "Well then, don't cycle along lanes with tram tracks" but that means retrofitting an existing city with new tram tracks makes it less welcoming to cyclists - unlike busses or a metro system.
I'm picturing that because it's the most common occurrence. When your traveling in the same direction as the tracks then those tracks are always out in the center of the road and your as far left as possible. The only times I've been caught in the tracks was when I'm trying to turn right from the middle in which case a hook turn is usually better. You also need a bit of caution when your crossing curving tracks.
They aren't notoriously bad and in practice barely an issue, there are far bigger things to worry about.
European cities usually have these in progression: tram for small cities, tram+train for large ones, tram+train+metro for the metropolis. Having a metro doesn't mean you shouldn't also have a tram. I agree that building everything from scratch may seem cost-prohibitive, but you have to start somewhere. Lifetime of cities is long enough to build these gradually.
> Eh the trams are cute, and smooth, but painfully slow.
Trams are for shorter trips that metro/heavy rail. They are slower than either of those two, but don't need to be painfully slow -- this depends on the city layout, e.g. Berlin vs. Prague has a large difference in tram speeds (Berlin having the fast ones).
> Better passenger experience than buses, but the tracks and overhead cables are a blight on the streetscape and impact drivers, pedestrians, and cyclists alike. Overall, not worth it.
Also, strongly disagreeing with this too. Trams look great, including the tracks and overhead lines -- they just belong to a city.
I guess it's true that now you might need tunnels (especially for the eastern suburbs). But these lines could have been built many decades ago.