http://en.wikipedia.org/wiki/Rocket_sled_launch
http://www.reallyrocketscience.com/node/2393
Using MAGLEV as a launch assist technology to offset the amount of energy derived from burning tons and tons of fuel. Some of the articles estimate a potential to increase payload by 80% compared to a conventionally launched rocket.
If you want to get a little deeper into it, this is a good read:
http://upload.wikimedia.org/wikipedia/commons/5/58/Maglifter...
Some fun data points:
Power for large scale system: 10GW for 20 seconds.
Thermal Management system capable of dissipating 40GJ.
What's the probability of this ever being built? In the US, my guess is zero. I could see the Chinese throwing money behind such a crazy project if the numbers make any sense at all. If a system like this can significantly reduce cost to orbit it could represent a huge competitive advantage.