Interesting post Perry, and what a clever way of determining the severity of ground shaking! All sorts of amazing research is going on right now. A couple years ago I ran into a survey team on top of San G. They had a high tech gadget for GPS up there that was measuring the motion of the peak for several days to get extreme accuracy. They told me that San G is actually not moving north or south, it's on a small fragment that is actually spinning like a ball bearing. Amazing stuff.
As far as the Tram falling, I'd bet it will survive 100% intact. It was engineered to handle lateral motion due to wind and vertical motion due to the tram's weight going over the towers. It is, as far as I know, bolted down into the bedrock. It might shut down due to the motion induced, but I very much doubt it would actually collapse. That being said, I'm with everyone who said they wouldn't want to be on it during a powerful quake. You just never know...
z