Bike Share in Waterloo Region

[highlander]

I am finding myself very jealous of Hamilton's bike share system. I have seen Community Access Bikeshare but the big drawback for me is that there are not nearly enough stations to make it useful for most trips. Also, the system seems a bit dated in comparison - the key boxes are inside buildings so there's not 24 hour access, not to mention it shuts down for the winter. Does anyone here have any experience with CAB? Or any inside information on what the future may hold for this system?

I know there was a failed effort to launch a new bike share system - Grand River Bike Share - a couple of years ago. What would it take to launch a Sobi style system here? Do you think there is enough support to make it worthwhile?

Some interesting information on the launch of Sobi Hamilton from the FAQ on their website:

SoBi Hamilton is the local, non­-profit operator of the system, and the bikes and racks are owned by the City of Hamilton. The City of Hamilton received $1.6 million funding from the Metrolinx Quick Wins program to fund the one-­time purchase of the bikes and station infrastructure. Social Bicycles was chosen as the system and equipment provider after submitting a proposal through an RFP process. No local taxpayers money was used to fund this project. While the City paid for the capital expenditure with the Metrolinx money, they do not financially support the operations. Operations of the bike share system are fully funded by membership fees and sponsorships. Since SoBi Hamilton is a non­-profit organization, any additional revenue from operations will be reinvested in the system to expand the service area and purchase new equipment.