Faster flight times are like better fuel mileage. Once you reach a decent result, it's harder to justify more. With gas mileage, once I get about 35 miles per gallon, the cost of better exceeds any likely benefit. Once we can travel anywhere in about 24 hours or less, it's hard to justify the cost of better. In general, there is an economic optimum for most solutions. It's fuzzy because factors like comfort come into…
> Once we can travel anywhere in about 24 hours or less, it's hard to justify the cost of better. Clearly you've never travelled with a two year old =) There are many cases where travel just isn't worth it, and the limiting factor is time rather than money.
The key to all future transport seems to be turning it away from disciplined travel as the primary activity. Doesn't matter if its bizjets or cruise ships or trains or my crazy balloon idea.
A cultural moving away from "travel for 4 hours strapped into a seat in a car or old fashioned airplance" but "hang out at the bar for 8 hours or play video games or post on facebook for 8 hours, or join the mile high club all night, oh, and at the same time as traveling from pt A to pt B but its not the primary activity"