Megatrain is available between Birmingham and London on Virgin's Pendolino services to/from New Street and Euston. This means that you get Virgin's fast service at standard class fares which can beat even Chiltern's Advance tickets.
Booking is upto 6 weeks ahead though next day booking isn't generally available. Trains available Monday to Friday are the 11.30, 11.50, and 12.50 from New Street, and the 11.03, 12.03, 12.43, 20.03 and 20.43 from Euston.
Fares range from £9 to £1 depending upon how far in advance you are booking. There is also a one-off 50p booking charge. Don't forget that you won't get a seat reservation with Megatrain (but Coach E is always unreserved).
Overall, a brilliant way of saving 'serious' money if you can book in advance and can travel on very specific trains.
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