Proposed London Cycle Hire Docking Station - Old St

It could fail. There could be some public money 'wasted' in the process. But it's a drop in the ocean compared to the folly that is the 2012 Olympics.

A good point.

Have to say, that seems a rather odd place to have the stands in my opinion, as that bit of Old Street is really quite a dead spot. It ought to be outside the Foundry ffs.