Building Eglinton East at-grade does not preclude elevating it at some point in the future when ridership has grown on the line and the neighbourhoods it serves have changed. At some point, assuming TTC ridership continues to grow and the continues to densify, it may make sense to completely grade separate the line. Until then, we have other transit priorities in this city that are more pressing, including the Eglinton extension to Pearson. It would be nice to build the line completely above/below grade today, and I'm all for it if elevating it doesn't require relocating funds from other projects. However, if elevating the line would impact other projects (remember that even a couple hundred million will have to come from somewhere), it's best to just go ahead with the planned at-grade option. Maybe in a couple decades we'll have enough money and enough of a reason to either tunnel or elevate the line completely. Until then, we'll have a higher capacity transit service running along Eglinton in its own dedicated lanes. That's certainly an improvement over what we have now, and I'm not entirely convinced that the minor speed improvements and increased capacity are worth it in the short term.
As for interlining the Eglinton line with the SRT - it was a nice idea that made sense under the Ford plan, but it's certainly not necessary and provides only marginal benefits for most Scarborough residents. The reconstruction of Kennedy station will improve transit in Scarborough far more than interlining with Eglinton would, and I would rather see any extra or new funds going to the planned SRT extension rather than an elevated structure on Eglinton. As an aside, were there any plans for track connections between the Eglinton LRT, the SRT, and Sheppard LRT under the original Transit City plans? If so, and if the Sheppard LRT is a go, would the SRT extension not make sense from a network perspective?