A lot about this on the news this morning:
Wouldn't it be easier to use the gas mains? I would assume the environment is less hostile than water, too. It seems to me that these would become available anyway later as natural gas is turned off in a decade or two as an energy source (perhaps the gas might be replaced by hydrogen in future if costs can be reduced, but the pipes should still be usable). Many old cast iron pipes have already been replaced with plastic ones, so the long-term infrastructure is there.
I know there are quite a few places without mains gas, and so the water mains would have to be used for these.