Yes. When I see the amount of OHLE which remains underused and unused in sidings, branches and loops across the network its tempting to speculate about the rationale for having installed that expensive infrastructure.
On the one hand, the logic in the commissioning body of choosing to wire it as part of the same contract which was equipping the main line with OHLE at the same time rather than trim the costs and wait for future demand to pick up; versus, the thorough cost benefit analysis that prevails today, which undervalues all future potential.
We never have the opportunity to look at decisions with the benefit of hindight, but if we look at how this was considered in the past, and then apply hindsight, then it seems quite clear to me that we over-invested in small braches, yards and loops while failing to invest in the long distance mainlines.
Can we lear anything from that experience? well, I wouldn't want to extrapolate too much from that history, and the reasoning behind HS2 deals with some of the potential long distance opportunities, but I'd be equally confident in promoting examples of minor routes elsewhere which have sustained or even increased their demand long after electrification. In fact they're all over the place! So what's the problem with investment? (Unless its the flavour-of-the-month excuse that we're all in debt, which is, of course only a debt payable back to ourselves).