I think Miller made the right decision to go with LRT instead of linear induction technology. By going with a standard, it means we're not at the mercy of Bombardier. We have a pretty bad experience with linear induction technology here in Toronto, given how the SRT was forced on us. And while ICTS is limited to grade-separated transit, LRT is more flexible, so we can save a lot by staying at-grade instead of elevating everything (which, besides being expensive, really limits where we could build, is ugly, etc.) Although I'll admit I'm a fan of the fact that ICTS is automated.
Given the decision for LRT, it made sense to convert the SRT, so that we are using the same technology throughout (shared facilities, economies of scale, etc) rather than try to upgrade a failed system.