Bro, I told you about this a long time ago. I even linked you to the ET3 site. Just look at my Google+ page and go back some months and you'll see. So, this technology is not new, but what is new is an entrepreneur of Musk's reputation getting into it. If he can do SpaceX, he can do Hyperloop. The only question is what type of consortium will emerge when he unveils his plans and whether they can convince CA to fund a demonstration and to delay the high speed rail project they got going now, until this can be proven to work safely and effectively. There will be a lot of moving parts to this. All we are getting is all the good things with this system, but there are a lot of unforeseen problems that will have to be tackled, but Elon Musk is the caliber of person who can tackle all those challenges and make this thing work. Viva capitalism!