The main thing that I'm really stoked about with the Railgun isn't the fact that it's a weapon, but, it's where the technology behind it will lead us. Allow me to explain.
Every Single Time man has shot something, be it a rock with a catapult, a arrow with a bow, or a bullet from a gun, EVENTUALLY man has figured out how to travel as fast as the projectile they can shoot. Proof? No problem. I'm doing this by memory without looking stuff up so cut me a little slack if my dates are off.
Before Chuck Yeager broke the sound barrier in 1947 most upstanding scientists said that man would Never brake the sound barrier. Then we did.
Next is the light speed barrier. Of course we haven't broke that one yet, but, what isn't common knowledge is that we DO know how to do it, which I'll explain, and I'll also explain why even though we may know how, we still can't.
Back in 1994 a physicist named Miguel Alcubierre came up with a valid solution to Einstein's field equations that says it's theoretically possible to propel a craft to speeds faster than the speed of light by literally warping space both in front of and behind a craft causing the craft to move in space-time without it actually moving. The equations behind this are solid and pretty much every other physicist out there stands by them. They do though all also agree there's some major gaps stopping us from putting these equations to work, the number one among those things being POWER. The power it would take to warp space the way the equations show is roughly equal to what a black-hole puts out in a massive gamma/x-ray burst, meaning it's not something we'll be able to do anytime soon. In a 100 years or so though, probably less, we most likely will. Why do I say that? Because when the Wright brothers made their first flight they flew just over a 100 feet. 60 Years Later we were sending man to the moon. That's a shit ton of scientific advancement in just 60 years, even though for some reason it took us 2000 years to get to that point from the time of the ancient Romans.
The important thing there is that we DO know it "could" be done if we could meet the power needs and overcome the other factors like inertia that would turn anything living on the craft into goo, not to mention the massive radiation the power source would most likely put off. Aside from those small things though (lol small) we got faster than light travel down.
Mainly though to make a long winded rant shorter what I'm saying is the technology used in this railgun, put through more study of unified magnetic fields, WILL lead to us figuring out how to manipulate those magnetic fields into doing other things we want, like for standard transportation, maybe even magnetic engines that require almost no fuel, to using magnetic fields to contain actual, real-life, antimatter, that can be used as an exotic power source.
The development of weapons of war in war time has pushed our technology we use today in peace-time. As they say necessity is the mother of all invention, and there's no bigger necessity in the eyes of man than defending himself from his fellow man.