Fermilab's long-range ambition is to host a mammoth project called the International Linear Collider, but that idea will take decades to bring to fruition. Project X would incorporate many of the technologies needed for the ILC, yielding new experimental opportunities and potentially strengthening Fermilab's chances of landing the bigger device.
"This would be a world-class machine at a cost that is much lower than the ILC," said Fermilab Director Pier Oddone.
Of course, as the article has stated, everyone, including Fermilab officials, are aware of the possible downside to such a proposal and especially if it gets built. Certainly there's a perception that Fermilab may not get the ILC if this gets built, and that Project X may be a "light" version of the ILC, the same way RIA got downsized by half of the cost and morphed into an "Advanced Exotic Beam Laboratory".