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Presents the fundamental principles governing levitation of material bodies by magnetic fields without too much formal theory. Defines the technology of magnetic bearings, especially those based on superconductivity, and demonstrates the key roles that magnetics, mechanics and dynamics play in the complete understanding of magnetic levitation and its bearings. Features extensive figures and photos of Mag-Lev devices and summarizes recent U.S. research studies in an effort to regain the lead in Mag-Lev technologies.