I noticed that at the Monorail Station Wednesday...but all the trash and stagnant water was still standing in the "wells" and some of the old ride equipment/relays left over from Rocket Rods are still in place and looking like they'd been rotting in the elements, unmaintained, for 6 or 7 years.
Where along the track do you mean? Or the whole thing?
the large "Center rail" it looks like it's just been repainted right there at the monorail station. But there's still standing water, trash, leaf debris in the center wells too. And all the stuff you see on the edges in this picture (what's there anyway) looks beat up, rusted in many areas (even right along the fresher looking center rail) and seriously not in shape to be part of the controls of any attraction
1) There are a number of reasons that the Rocket Rods closed. The Rocket Rods completed the course of the 16-minute PeopleMover in only about 3 minutes. Because the Rocket Rods project was not given a large enough budget to bank the track's curves, the Rocket Rods had to slow down substantially to maneuver most of the turns. The support structure and track originally built for the PeopleMover was not meant to be used for a high speed attraction and began to weaken.
2) After the closure of Rocket Rods, hopes arose that the PeopleMover would be reinstalled. Rumors still circulate today, usually stating that the PeopleMover will return, possibly as a copy of the still-running Magic Kingdom version: Tomorrowland Transit Authority.  The equipment used for the PeopleMover only still exists on the Rocket Rods track in some places, which would require much of the equipment to be reinstalled again.