[aninhumer]

> nobody is building Maglev systems aside from a few pet vanity projects because High Speed Rail is "Good Enough" and cheap!

Japan is building the Chuo Shinkansen, which will be a major intercity Maglev line. It's expected to connect Tokyo and Nagoya in 40mins, down from 100mins on the Tokaido Shinkansen (although a good chunk of that is due to a more direct route through the mountains), and later Osaka.

I could believe it's not necessarily a cost effective investment, but I don't know if I'd call it a vanity project. My impression is that they're trying to duplicate the success of the original Shinkansen, by building something similarly ahead of its time.