If we're talking about this line in absence of anything else, then you might be right. How each choice fit into the grand scheme of things is what I want to know. What would the comparison be if it were part of a regional rail network?
What does that mean? Does it mean what if we extend it? Or does it mean... How much does it cost if we're building lots of other lines around the city. If it's the latter, I can't see how that would make much of a difference. If it's the former, then I have a couple of responses. On the west end, I think that LRT and an REX-type service is probably the optimal technology northwest of Dundas West station. In the East, Steve Munro has said that the LRT line would be completely grade separated right up to Don Mills an Eglinton. In that case, obviously the cost again, as I have shown, would be insignificantly different between LRT and subway, so obviously they should build a subway, and then finish it north to Finch on a mixed underground/elevated/trench alignment. That area is intensively developed and would intercept many busy east-west bus routes if it offered a direct ride downtown.
It's also extremely important to note that building a line with a capacity that we know will be exceeded is a
very poor idea, contrary to what LRT advocates would have you believe. Upgrading any line, once it's running at capacity, is an extremely difficult and time consuming process. Think about it: an LRT line, with trains every 90 seconds (if that's even possible), moving thousands of people an hour, suddenly being shut down for a year to be converted to subway so that we can satisfy this "logical progression". Why not just build the damned subway in the first place, when we know the corridor will require one eventually? And, in corridors that will likely never require a subway, build LRT.
Everybody: the whole cost saving with LRT is because you can just plunk it down in the middle of the street, stopping at traffic lights. The problem with that is simply that it's then not much faster than a bus or mixed-traffic streetcar. Unless it's on a fully grade-separated corridor, it will
never rival the speed and reliability of a bus.
In a sense, we will have built both, Mr. F. We've already built the streetcar version of the DRL: the Spadina/Harbourfront Line, the King Line, the Exhibition line. Now, we're building the faster subway version.