The current cost estimate from the Calif governor's office is $68 billion to build the high speed rail systen -- about $2,000 per resident of California. Some other folks have suggested the cost will be triple that amount. So far, the citizens of Calif passed a $10 billion bond measure in 2008, and the federal govt has commited an additional $3 billion. I don't think the issue is NIMBYs -- I live in the Bay Area and I probably would ride it at least once to LA (even though i will be well into my 80's when it is completed between SF and LA and I will not likely have any particular reason to go to LA at that age. But I strongly question whether it will be worth my $2,000 - and the other residents' $67,999,998,000 - to build this system, given the already available plane, rail, bus and car alternatives. And since there is currently no commitment from anyone to provide the other $55 billion, is it even realistic to assume that the line will be completed in the next 20 years?
But those roads aren't getting any better, and the airports are at capacity at least the ones that people want to fly out of. The whole carmagedon 405 widening. We spent over 2 billion dollar for all that and now its even more crowded and the time to travel through it longer.
Just as with the drought of ours, we can't just conserve our way out, unless we stop anyone else from moving into this State or ban showers to once a week and flushing toilets to once a day. More and more people are projected to move here and the strain on our infrastructure will be greater and greater. As you mentioned, you will be 80 something when this thing is done. Its really not about YOU, but about an investment in the future of the State. The start of the 20 years or whatever timeframe for building any investment has to start somewhere. Going from LAX to SFO is already a GOOD 4 hour ordeal from start to finish, and that is IF the flight is on time and not delayed due to fog and or other weather related issues at SFO. With all the security crap and airlines shoving more flights into an already crowed airspace on smaller aircraft, total travel time will probably only get worse.