Toshiba Elevator and Building Systems Corp. have announced that the world’s first set of magnetic levitation elevators will start running as early as 2008. Instead of wheels and rails, the maglev elevator will use magnetic forces for movement. This translates into quieter, smoother, and a more comfortable ride no matter the direction. It can travel up to 984 feet/minute, a number that is relatively slower when compared to standard lifts. MSNBC via DL Mag