While they wont utilize the existing subway tunnels, ghostbuster tunnel, or downtown bus terminal beneath fort washington way....it is at least a step in the right direction as today the city council approved a street car system for the city:
http://news.enquir...3/NEWS01/304230084 The original subway was designed with the intention that traditional subway cars could be used on the lines along with the interurban rail cars. 81 years after the subway as abandoned, maybe we are finally one step closer to getting light rail.