You can only wonder what part of The Planet Zog the NR theoreticians come from. It's like the old definition of An Economist ("one for whom the Real World is a Special Case")
South of London has a huge 3rd rail system which has worked well for 100 years. You are discussing this with one who saw BR put the 3rd rail down on Custom House to North Woolwich in the 1980s in, guess what, one WEEKEND! This by a Chesterton Junction (Cambridge) 08-hauled train and a PW crew who had little experience of 3rd rail, a couple of lads from Hoo Junction (Gravesend) came over to assist and advise if required.
You generally know straw-clutching is in hand when tasks are micro-broken down into tiny bits, each presented as a major issue. Oh dear, all those substations. never mind that on the 25Kv railway each 4-car unit is hauling round its own substation/transformer, under the frames, at all times, each of which has to be bought from Bombardier (££) or Siemens (£££).
How is the GW electrification going, to the original budget and timescales? How is that High Output Plant System coming along then with erecting the overhead? Ought to be finished by now, surely?
http://www.bbc.co.uk/news/uk-33425743
Hey, Patrick McLaughlin, the DfT's budgets are safe in their hands.
The speed third rail is replaced in South London is very impressive. Miles in a weekend. And of course there are other things like power upgrades, but even those have gone very well in South London for various upgrades.
It seems that it can be installed quite cheaply and very quickly. OK, so it's more expensive long term but when looking at the alternatives it seems very tempting.