>>1104675This may work for bicycles. Not so much for cars.
Green car turning left, swings right and waits for the crossing signal to go green, then proceeds. What about the red car behind him who also wants to turn left? Once the blue car clears the intersection, you can turn as many cars left as possible until the next car following blue. Or the signal. Green car waiting in the 'hook turn' box effectively blocks all other left turns and straight through traffic as well.
For bicycles, not so much of a problem. More can fit in the hook turn waiting box. The only downside is that this will pile up more bicycles in front of the crossing lane. Instead of making a standard left turn from the middle of the road and continuing on, way ahead of the crossing traffic, you now have a bigger pile of people wobbling around in front of the cars, trying to get up to speed. And someone is inevitably going to get squashed.