This youtube channel does good summary work on transit projects across Canada. I think this Canada Line video is relevant now that the whole project is in jeopardy once again:
In summary, the argument is that Canada Line is a great model to follow, simply by focusing on very good service quality and cutting costs on everything else possible, notably the station size and the train capacity. The goal should be to be a overcrowded success, rather than a future-proofed mega train that looks expensive for what you get.
Back to the Greenline, the problem is only a small amount about transit technology and route design cultural biases that the video references. Either an elevated, tunneled or at-grade system could work fine if designed right - and I think how they finalized the route was the right balance given the biases in this city to like long trains and assume all at-grade trains will look like 36 Street NE rather than any tram network in France. I think there is some real value in exploring the light metro style of design, but there are other designs that solve our transit problems if we want them to be solved and can get over ourselves. It's not always clear that is the case (e.g. every transit project requires right-of-way expansion because the goal is actually to preserve automotive capacity in the corridor).
But the bigger problem is not a design one. Far more consequential is the political problem of having a sizeable faction of the province's political system not understanding the value of cities or public transit altogether, especially in a changing global economy. To appease this intractable group - which thinks they are arguing about design but really don't understand why we would build a train in the first place and are happy to through as much fear, uncertainty and doubt at the project until it collapses under it's own contradictions - requires design compromises that mean the project won't work anyways.
Appeasing the groups of politicians and rich Calgarians rallying against transit means that whatever will be built will be cheap in all the wrong ways, and expensive in all the wrong ways. It's a mistake we have made before.