It is my understanding that once a crew enters Restricted Speed territory, that the PTC would not prevent a low speed collision. That would be up to the employees themselves.
This could apply on the mainline, say a dispatcher authorizes a crew to pass a signal displaying Stop, they must move prepared to stop short any obsticals that may be in thier way, including another train or engine, switch lined wrong, red flag, etc. I do not know if there will be some overide when this happens, where both the dispatcher and crew must acknowledge a change in requirements to move the train.
Rumor is that UP passenger lines in California, Illinois (Chicago-StL) and Missouri(StL-KC) will be getting cut over first, maybe by the first of the year.
Dan