I hadn't read this before, thanks to everyone who has contributed so far.
Some of the arguments were depressingly familiar from 20 years ago when the Cambridgeshire Guided Busway was proposed.
The big difference between Coventry Very Light Rail and the Cambridgeshire Guided Busway is the utilities. The Cambridgeshire Guided Busway is built on old railway trackbeds, so does not have the utilities issue. But in Cambridge we see the utilities issue every day on the local roads, many of which are key bus routes.
Councils don't dig up roads, though they may occasionally do resurfacing and filling potholes. Digging up roads is almost always utilities: gas, water, sewage, electricity and telecoms. I don't know about Coventry, but here in Cambridge one or other of the utilities are digging up roads almost all of the time. Take Hills Road as an example, this is the main arterial route from the old city to the hospitals/biomedical campus, and passes over the railway at the south end of the main station. There is utilities work going on there nearly all the time and we are currently bracing ourselves for 10 months of disruption for replacement of a gas main.