Just read the report, this is a very good summary!
Basically ramble on for 10 pages about how important it is to have 1 brand, 1 logo, 1 style of timetable (good luck getting Newport Bus, Cardiff Bus and Arriva TW to agree to that!) and how smart ticketing should be utilised. At the back of the report is a 13 point action plan - no actual mention of creating a 'metro'.
The only interesting thing I noticed was on page 8 of the report is a render of a potential new station on the City Line at the Ely Mill development (a mere 650 metres from Waun Gron Park) and new integrated pedestrian bridge over both the railway lines here.
Just in case you want to read it, here it is
http://wales.gov.uk/docs/det/report/140 ... 014-en.pdf
Some days you are the pigeon and some days you are the statue...