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Why are maglev trains still rare?
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I doubt conventional trains are regularly traveling at the speed record. Thats a poor way to compare the speeds of things.
Regular conventional service is much much faster than regular maglev service. It's not even a comparison at this point.
I would expect a century+ old established wide-spread technology to be able to beat a newer less tested technology in many cases. This doesn't mean conventional rail is inherently superior and especially doesn't mean we should discard the concept. Maglev faces much resistance (such as the cultural resistance evident in this thread), it's time may only be starting now as the automobile age looks to have peaked.