According to Wikipedia:
Maglev (derived from magnetic levitation), is a system of transportation that uses magnetic levitation to suspend, guide and propel vehicles from magnets rather than using mechanical methods, such as friction-reliant wheels, axles and bearings. Maglev transport is a means of flying a vehicle or object along a guideway by using magnets to create both lift and thrust, only a few inches above the guideway surface.
Looks like this could be the latest attraction planned from New Jersey’s Zanadu Meadowlands action mall complex.
[Link via Skate and Annoy]