For some reason New York City is unable to keep a couple of 1970s train cars in motion cough L train. Given this fact is unlikely to change I see the move towards more bike heavy infrastructure as a good move. Citibike has done pretty well in New York and they keep installing new way stations or "bike ports" as I like to call them. Very exciting.
My dad did some consulting for LU (on the power side) a while back he was amused that the 1930 kit was lasting much better than the newer 1970's stuff.
Yeah I can make a cotton gin and a horse drawn carriage in 2015 . When something is created has no fixed or forced relationship to the effective age of the underlying technology.