I think the issue is how useful is it to fly to arbitrarily distant cities. I would say the ability to conduct high speed flights is well established (but not at the high speed listed above), but the general public is selecting destinations that don't require the ability.
NYC to LA, Honolulu, Paris, London or Rome would be very enjoyable at high speeds, but I suspect that most travellers are actually staying on their own continent and choosing travel methods that are much slower.
As I understand it, you can't get from Brussels to Sydney on just one airplane or that the flight would be boring and very long. How often do such trips actually occur? I would image most fliers from Brussels don't go that far, there are far too many exciting destinations too close to Brussels.
Personally, I want to go to Brussels someday... why leave there?
I wonder if high speed flight can create traffic at a rate high enough to sustain the cost?
Solfe
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'That was tops! Who's not good at math? I was all, "Four!"' - Finn, Adventure Time.