The OP called for a trans-Atlantic rail tunnel to be built BEFORE 2012, and know people are raising all sorts of potential solutions based on technology that either doesn't exist yet or has never been scaled to anything close to this size.
Plasma windows are highly expensive and have only been used for small dimension applications. You can't just say plasma windows will fix it without considering a couple of serious problems with them -
i) no one has generated a plasma window the size you are talking about to cover how many square meters of section of tubing, let alone tried to maintain one in an ocean,
ii) you're going to need two of them for each section of tube, how many tens of thousands will that be?
iii) and how much does that cost?
iv) since this is the passengers safety net you're going to have to keep those plasma windows all maintained to a high state of reliability otherwise the bad press and insurance premiums will kill the project. I've worked with high electric and magnetic fields much lower than what you would need for a plasma window, and I know people who work with plasmas. The technology breaks down all the time even in a carefully controlled research lab, trying to maintain thousands of these systems remotely in the middle of the ocean is just not feasible today.
v) if (when) you spring a leak remember to keep all the electrical systems and magnets required to generate your plasma window thoroughly waterproofed or it won't work. That's a technically solvable problem but further increases weight, costs and risk of a disasterous failure.
Robots may one day be able to automatically service breakdowns but not yet, so that's another technological leap required.
Current maglev trains still use tracks, at least as far as I know, so this 'bullet in a barrel' approach is further untried technology, particularly on this scale. It might work, but if it doesn't work 100% of the time what do you do?
The general idea for designing escape routes requires them to be independent of the system you want people to escape from, in case that's blocked or dangerous, so I think that means you need a second independent tunnel. Even then the people are trapped in a tube underwater so you need to get them out of there asap.
I still don't see how your articulated tunnel will cope with the forces exerted by currents and tides? At least articulation means it can flex and so better withstand oceanic stresses but that means the tunnel will adopt a series of curved, and probably moving trajectories. How much of an angle between connecting sections can a high speed train torrelate before it hits a wall and destroys the entire thing? I suspect that the answer is no one knows because this has never been tried before.
How far apart are the cables that tether the tunnel to the ocean floor? How many of those can fail before the tunnel becomes unstable? If a suboceanic earthquake or landslide pulls one or more of these down and the tether doesn't break can the tunnel withstand that new vertical stress? I know that many enginnering problems have solutions but the main problem with the trans-Atlantic tunnel idea is that just one mistake or accident could easily destroy the whole thing and kill thousands of people. So every single component of a very complex construction using unproven technologies must work every single minute of the day, or be supported by reliable backup systems, or the risks are too great. At least with our current technologies.
A minor point - if this tunnel was built doesn't that then become a major shipping hazard to any submarine?