Date: 2008-01-11 03:46 am (UTC)
True high speed rail is somewhere in the 140-150 mph or faster range, with very gradual curves and grades, and no level crossings.

I think the best we could manage for $23 billion would probably be to remove level crossings and get a British-style semi-HSR system, which would clock in at a max speed of 110 mph or so. As I recall it, our current rail infrastructure couldn't support anything much faster.
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