An amazing initiative in London

This news is the stuff of alt-trans advocates' dreams, especially here in the South.
Excerpt:

The Mayor of London today announced the most ambitious programme to transform walking and cycling in London’s history. The package of measures will create a new network of quick, simple, and safe routes for cyclists and pedestrians that will change the profile and priority of walking and cycling on London's streets.

The Mayor of London, Ken Livingstone, said:

"The aim of this programme is nothing short of a cycling and walking transformation in London. We will spend something like £500 million over the next decade on cycling - the biggest investment in cycling in London's history, which will mean that thousands more Londoners can cycle in confidence, on routes that take them quickly and safely to where they want to go."

Wow. Dare to dream, Athens. Dare to dream...