Very interesting.
As a sailor and former pilot, I'm very aware of the constant bearing trap. The Air Force had (and probably still have) posters saying "The one you can't see will kill you" - i.e. the plane on a constant bearing is almost invisible.
Thinking about how I ride, the article has made me realise that when I'm out cycling I am often thinking of whether I am crossing a driver's field of vision at similar junctions, or whether I'm hiding in a potential pillar blind spot.
I also know this junction well. The solution seems elegant - and not dissimilar (I think) to quite a lot of junctions one sees where a curve has been put on the approach, except I think in most cases to force traffic to slow down.
The article also underlines the point that quite often accidents are a confluence of several factors - not just "a car driver driving badly". Not to say that there are too many where the cause is just that.