Another pedal-powered monorail: Skyride
Last year I wrote about an interesting but simple pedal powered monorail/PRT system called Shweeb which had won a prize/investment from Google. Recent announcements show they are not alone in this concept. Scott Olson, the original developer of the Rollerblade, has founded a company called Skyride Technologies to build their own version of a pedal powered suspended monorail.
You will find much that is similar between the two concepts, though they were developed independently. I will have to give Skyride the nod of picking names, though. Skyride offers both pedaling and a rowing-machine style interface, the latter aimed both at the disabled and those seeking a different kind of workout.
At present, the Skyride car is also open to the air, which has both advantages and disadvantages when it comes to cooling, drag, and exposure to the elements. Skyride does not also seem to offer the "bumper" system in the wheel cartridge which Shweeb claims will allow vehicles to safely hit one another and then push one another in trains.
Both are confined to prototype tracks for now, though the Schweeb one is an amusement ride that is open to the public. Both have plans to solve the most important problem in turning this into a real transportation system for campuses or urban areas, namely a switch that lets the vehicle smoothly and safely change tracks. Switching has always been an issue in monorails -- not that it can't be solved, but it's just a little harder than changing lanes in a car. Rail systems sometimes put the switching in the track (that's what regular heavy rail does) but that's not very practical if you are going to have very frequent small vehicles. You want in-vehicle switching but with no risk of derailing.
While this concept is interesting, and even more fun if they can prove it works and then add some automation, I am not sure it will ever become a really big space. Still, having 2 companies will not doubt spur a bit more innovation.