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Is the MagLev Train to Las Vegas a Ghost Train?

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Which project will actually be a reality? The MagLev or DesertXpress (pictured above).

Ever since last week's hyped announcement of federal funding for the MagLev project, an extremely fast train between Anaheim and Las Vegas, there's been a lot of talk and some updates.

First, "the Federal Railroad Administration has made neither an award nor an announcement with regard to funding for maglev development in Nevada," according to spokesman Mark Paustenbach on Thursday, the day after Governor Gibbons made his announcement about receiving funding.

Despite that, a Gibbons spokesperson said the "package isn't going to arrive until [this] week, but this deal is done."