You're telling me that speed isn't a benefit and that people won't pay more for it? So, you would pay the same for a 57 minute journey between cities as you would for a 2 hour journey? Really?
No that isn't what I said.
If you look at the HS2 business case, the figure quoted for users value of time is of the order of £60bn at current prices - many years worth of total UK rail passenger fare income. Trying to charge the users a fraction of this would result in an empty railway. The fact it needs to be so high to get a B to C ratio of 2.0 tells you something about how far underwater HS2 is financially.
Sadly most people see a BCR of 2 and think it actually makes money, either for the operator or taxpayer, neither of which is close to being true.