batstang: I've been reading with interest this thread, since I added an elevated track to my layout. I would suggest not using Lionel's trestle pieces, but make your own elevated support structure.
I used 1/4-inch thick presswood board finished in white on one side from Home Depot, for the roadbed. Then 5/8-inch thick dowels. I custom cut with a jigsaw the roadbed for the elevated track, and used 2 & 1/2-inch drywall screws to fasten it all together.
It worked perfectly for what I needed and I never had any problems. By doing this, you can make the elevated track whatever height you want.
My only question is how could you fasten anything to a foam board without it being glued to a plywood base?
This system worked well for me. The dowels have a very small footprint and you can put them practically anywhere they're needed. It was solid and I never had an accident or derailment.
Here's a couple of photos to help explain. I should have painted the whole thing gray. Hope this helps.