Really? Because it looks like this is an attempt to derail CA HSR using a proposal for an experimental technology that offers a fraction of what CA HSR does, but is potentially faster.
CA HSR replaces/upgrades two metropolitan rail systems (Caltrain/Metrolink) in addition to connecting SF (as opposed to Oakland!) and LA, requires no R&D, is supposed to handle significantly greater ridership, has detailed cost estimates which include things like take into account electrification costs (because it does get cloudy), support facilities (because there is maintenance of these cars), administrative buildings (because someone has to run the system), bypassing/rebuilding overpasses (which are all over I-5) that are in the way and grading land.