It looks like they are trying to copy the Trinity Railway Express in Dallas. About the same length (40 some miles), and the equipment looks like most what the TRE is using for most of its train sets. Of course, the TRE is serving a metro area with about 4 million folks. And the TRE owns the rail lines and makes some money allowing off hours freight service.
Flew into Love Field last weekend with the flight path directly over Dallas (too low, IMO!!). It has a well developed downtown area with public transportation.
Contrast that with ABQ which has mostly government offices and/or empty old buildings downtown. Most of the office type businesses are along the interstates -- I-40 in Uptown, and now I-25 by Journal Center. I can not see a way that this is going to succeed, IMO.
As much as I am a railfan, I can not support something so ill-conceived and ultimately costly. I see this and the governor's "space-port" as becoming financial thorns in the governor's side, which I will be glad to point out to interested parties.