What a waste of money. The money would be much better spent on two things that would work very well in concert:<p>1. separated bike lanes. I don't just mean painted lines on a street, which generally do more harm than good, but physical separation, like pedestrians get.<p>2. The Parisian "velib" system. This solves both the storage and availability problems.<p>After that, the only advantage of the monorail is the speed it attains, which is basically irrelevant when you're traveling 1-5 km. The huge disadvantage of the monorail is that it has very fixed paths.