The project has hired one of America's best known railroad artists to come up with a painting of this project. I was at his house yesterday afternoon and got a look at the incomplete artwork. It's pretty impressive.
Compared to the high-speed regional transport being pursued by TransRapid,
American Maglev Technology's project at Old Dominion is just a low-speed people mover, used to shuttle students across campus. But it's also an excellent Maglev entrant to the local commuting market, and I believe that their technology will eventually be expanded to compete in high-speed regional applications. (If I remember correctly, American Maglev has ties to Lockheed/Martin)