To me, the bus stop lane looks horrible. I'd far prefer to be on the road, checking the bus isn't going to cut me up as it pulls into the stop and ready to merge into the main traffic to overtake it while it's stopped, rather than dodging haphazard pedestrians, kids, sticks, prams and dogs. But if I were a timid potterer occasionally reaching the dizzy speed of 9mph and not at all confident that drivers would notice me, I guess I'd take the high risk of a low speed pedestrian tumble over the low risk of a high speed car bang.
But what would I like to see if I was a bus passenger? I guess I'd rather be able to step straight onto the pavement without having to think about bikes there and without having to look for the special flat crossing over the bike lane, especially if I were old, slow, had luggage, pram, kids or even was... timid.