I think you're right except for a couple of glaring, incorrect assumptions on your part. First, PTC is not new technology. It has been around for a very long time. Second, it is not under "rush" deployment because it has been under deployment for a very long time. In fact, George W. Bush signed into Law a mandate to deploy this technology where appropriate by this year. Finally, the curve in question does not require PTC because the speed limit leading up to the curve is below the maximum safe speed for it. Under normal operating conditions a slow-down is not required beforehand.
The only thing that I find super-shocking about this whole event is that Bush has not yet been blamed for it. After all, he could have sent the Law back to Congress asking for a faster deployment, not that it would have made a difference in this case since it is not a requirement for this curve.