It would have been useful to retain the ex-GC section from Banbury via Woodford Halse and Rugby to just south of Countesthorpe, where it could have been diverted via the former Midland Railway Rugby-Leicester line to run into Leicester (London Road) station. This would have provided a direct connection from the East Midlands and points further north to Oxford/Reading/Hampshire, avoiding Birmingham.
Or just continue North via Mansfield to join the ECML at Tuxford.
Worth remembering that the route probably could have sustained a decent local traffic on the section between Rugby and Mansfield.
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