A Nafta superrailway would be a smarter idea.
I think NA will eventually develop a European Union style political entity while the constitution nations still retain large parts of their sovereignty. It just makes sense to have common legislation in terms of environmental policy and to a certain extent immigration policy (not to route out races, but whackos). It would work for any legislation where the effects are not limited by boarders.
But what you are talking about, including the AMERO, is a conspiracy theory in that it is said that our current $s will be depreciated by the powers that be in order to usher in the new currency. If there is an implementation of a NA currency, it will probably be done EURO style and therefore pretty much a smooth transition.
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