In my opinion any of the proposals for the SRT are perfectly acceptable. I know, the city's subway is crazy expensive considering there's already a right of way, and Murray's subway is too short, and the LRT replacement seems to be by far the most bang for the buck. But really they all have pros and cons and seem to do a reasonable job of replacing the SRT.
The really stupid thing about this mess is the years of flip flopping, and the blame for this lies primarily with Karen Stintz and secondarily with council. Ford is ill-informed and has his priorities wrong but at least has been consistent. And the province has been pretty consistent in making a sincere effort to follow council's instructions.
If you feel strongly about this, as I do, let your councillor, as well as Stintz, know that they need to get out of the way and let transit planning follow its natural course. I believe that there are enough people who realize that the whole situation is a fiasco that it may damage Stintz's political career. And it should.