Let’s all agree: America’s passenger rail system is feeble. Its lines are few, its trains are sparsely traveled, and the only “high speed” line in the U.S. is Amtrak’s Acela route, which goes between D.C. and Boston, where trains travel at around 80 mph. The high speed trains in France travel at about 135 mph.

Today President Obama – with the backing of his Republican Transportation Secretary Ray LaHood – introduced a plan to invest in high speed rail around the country.

Obama painted a picture:

Imagine boarding a train in the center of a city.  No racing to an airport and across a terminal, no delays, no sitting on the tarmac, no lost luggage, no taking off your shoes. Imagine whisking through towns at speeds over 100 miles an hour, walking only a few steps to public transportation, and ending up just blocks from your destination.

It’s not just a fanciful vision, he said. Places like France, Japan, Spain, and China already have heavily used high speed lines.

The president had already allocated $8 billion towards high speed rail in the $787 billion stimulus package, and he proposes $1 billion in the federal budget from this point forward to update current lines and build new ones. Already six high speed routes are in the works in the Chicago area, Texas, and the Southeast.

What do our readers think? Is an investment in passenger rail worthwhile? Does it work in the widespread American geography? Is it a good way to get us off oil?