Thorium does have a lot of potential, my understanding was that it's less popular due to the fact you can't use it to make weapons.
It's also slightly corrosive and more expensive.
But yeah, Thorium is cool. Less radioactive*, zero meltdown chance**, and less proliferation.
*Only 50-100 years
**Thorium has a higher melting point, which the reaction shouldn't be able to reach.
We aren't going to completely run out of uranium in any reasonable timeframe, but it will become harder and harder to extract so a "peak" situation is possible. It's already effectively happened in some countries.
Well, uranium production is rising at the moment, and I believe that by 2020 supply should meet demand*. (Information of the World Nuclear thingy.) However, the uranium price is only 10-20% of the maintenance cost of a reactor, so it doesn't matter much.
* There are shortages at the moment.
I also hope more nuclear plants and depleted fuel storage sites are created despite environmental peoples' protesting and NIMBY effect. The short-term 'gain' from not building more nuclear fission plants without having acceptable alternatives is going to make us sorry when something happens. Modern nuclear power plants are extremely safe, but few are being built. :<
Problem in many countries is that either you see replacement of Nuclear by fossil fuels (Ie, coal)* or worse, they don't get replaced. So what you get is that the governements says they'll close the nuclear plants by 20XX (cancelling any serious maintenance of modernisation investements), then when the date comes around, notice that they still need the energy. So they postpone the dates, yet keep doing nothing. In the end you get an overrelience on an network of outdated and undermaintained reactors; all operating beyond their intended lifetime.
*Price for production coal is the only tech that even approaches nuclear.
As for that Virginia link. Nice. Combine it with Gmo algae fields and you get compact carbon to hydrogen systems.