1. The only significant income it will make is from the extortionate fares that will be charged. In effect the only economic benefit will be the people that will have the cheaper fares in the areas that HS2 bypasses on the southern WCML.
2. I never said it would be easy to upgrade a route with extra lines or high speed running, but it would be quicker to upgrade an existing route as there wouldn't be 10 years of planning plus a further 10 of building, and there would be nearly no opposition, and nowhere would be noticeably affected in the ways the NIMBYs are saying. A line visible on the level won't seem any closer than the existing alignment did. And the most that people would lose, is a bit of their garden, which is better then their home.
3. The majority of people travel in the week, there is nowhere near as many people travelling on a Saturday than there is on any given weekday. Having a bus replacing services for half a year at will still happen if HS2 is built. The line has to pass over the WCML, and bridges will have to be built. This takes several possessions as a bridge reconstruction near me has demonstrated. Not to mention the disruption at Euston because of the complete reconstruction of the station. It doesn't take a few months to re construct a station, as St P. demonstrated and New St. will demonstrate. What's wrong with a blockade? Stopping trains over a period of reduced travel has happened and is still happening (Nottingham this summer). And for the most part, again from my own experience, the updating of a lesser used track, or the addition of an extra track on the outside on ex railway land isn't as disruptive as it is made out to be. PW have been replacing a freight line outside my house and it has taken them a week to re-lay the line (still waiting for tamping, that's being used where they're lowering the line for W10).
4. Birmingham to Leeds is very possible at the present time... Every route (London - Birmingham, Sheffield, *Manchester, Leeds etc) are already *possible. And they're not exactly long journeys either.
5. Again, closing and rebuilding will cost enough money and delays, possessions and blockades that will disrupt the WCML. The WCML will then be further disrupted with the construction works for HS2 and will be left with fewer platforms.