On the other, more important hand, at firt view, this looks feasible to me (taking into account who published it)
I do wonder about the "little noise" claim, though. That fan a few meters in front of you that compresses air so that you can float on it will not be noise-free. I also think those tubes could start resonating at times.
Finally: only about a thousand passengers per hour or, alternatively, going at close to the speed of sound, on guaranteed collision course, with 30s intervals?
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See also: http://www.core77.com/blog/transportation/flotspotting_u_of_...
That truly is a toy for boys (as in "looks cool and dangerous") unlike the Hyperloop ("it may or may not be dangerous, but you can't see that, so who cares?")
I think this would be great for journeys of _under_ 30 minutes. And it wouldn't be for everyone, for sure -- so starting off as a niche transportation mode is not a great start.
Yeah, that's a little bit more claustrophobic than your average underground train.
Remember there are two passenger compartment mockups, this is the smaller one we are referring to: http://i.space.com/images/i/000/031/716/i02/hyperloop-passen...
Unscientifically I'd bet less than 25% of people would be willing to ride in that for more than 10 minutes, much less 30-40.