Demand-based parking meters in San Fran

San Francisco plans to install 8,300 wireless parking sensors this summer, launching a system by which the price to park will be based on the demand for spots. The goal of the pilot project, mainly funded by the federal government, is to even out parking availability, thereby reducing the need to circle while driving and reducing greenhouse gas emissions. In 2007, San Francisco launched a pilot program that allowed drivers to pay for their spots with their cell phones rather than coins.

What do you think of this idea? Will your firm be involved? Will you try to adapt the idea elsewhere?