Like all mass transit this will fail miserably. Sure it will be ok for a while until the novelty wears off. And then the requests for increased subsidy from government will start and soon it will be almost entirely a useless tax burden.
The killer is that people never change and people want to be around people just like them. I think the guy's name was John Rocker who complained about mass transit in NYC that way. He was right then and the sentiment is still right.
I, like most folk I know, would rather drive in the privacy of my own car, safely insulated from the smells and sounds of the strange people in the town I live in. Paying $100 or more a month for parking is infinitly better than paying $50 a month for mass transit.
God Save America (Please)
Hell, its only $1.4Billion; with all the whining you'd think we had better uses for the money.