I get that this is a discussion on buses - but if you just consider this food for thought - The Adelaide - Glenelg tramline attracts 3.1m boardings a year and the entire Adelaide Metro heavy rail network attracts 9.5m boardings a year (based on 5% and 15% respectively of total network wide 63,190,821 boardings in the 2012/2013 FY according to DPTI)
If the O-Bahn corridor was converted to heavy rail - that would attract roughly 5.75m boardings a year, by consuming parts of the M44 (2.25m), C1 (1.1m), 174 (0.6m), 506 (0.6m), 502 (0.4m), 541X (0.4m), 500 (0.4m) bus routes along the O-Bahn (based on rough interpretation of the graph within the news article about busiest routes).
And also, I believe that there is a case for establishing tramlines along the Parade to Magill and Henley Beach Road as an East-West route, replacing part of the B10 (1.25m), H20 (1.0m), H22 (0.5m) and H30 (1.25m) bus routes - which collectively attract around 4.0m boardings a year and also via Prospect Road and Goodwood Roads as a North-South route, replacing part of the 222 (0.8m), G10 (1.7m) bus routes - collectively attracting 2.5m boardings a year.
I'm sure there's some academic literature around that supports the theory that if you build light and or heavy rail systems to replace bus routes, you get a sort of 'induced demand' effect - in that the attractiveness of rail, attracts more people to use the service, even if the service is equal to the frequency provided by the prior bus service. (Someone help back me up on this one!
)
Not to mention these three examples above are key corridors which have already been earmarked for medium density infill developments as per the Inner City Metropolitan Rim Structure Plan - along the Parade, Goodwood Road, Prospect Road, Henley Beach Roads. TODs are earmarked (to varying degrees of density) in the 30 Year Plan at the Walkerville, Klemzig, Paradise, Tea Tree Plaza and Golden Grove Interchanges along the O-Bahn corridor.
I really don't get why we aren't investing in heavy and light rail moreso, given that there is enough supporting evidence in favour which would sustain the viability of such large-scale capital projects.
Any views and opinions expressed are of my own, and do not reflect the views or opinions of any organisation of which I have an affiliation with.