I think that once you got into central campus it might make sense to elevate the rail, but I don't think it's necessary anywhere north of those train tracks. I think some kind of People Mover-esque system would be nice, but the physical act of elevating the rail is silly for most of the trip. I don't recall there being much topography on Fuller, and they could probably make it flat enough shuffling around some dirt.
And of course, if it were elevated it would be put on some kind of neo-neoclassical columns, or disguised as a roman aqueduct, or put on gothic piers.
