Lets see. The driver is driving erratically. Unpredictably. I'd suggest that there is a risk that, as you pass to the left, the driver might decide that the pedal on the right deserves a good pressing. Perhaps he can 'beat the cyclist across the junction'. The car is no longer going at walking pace - it's going at hurting pace. The speed of cars, like the value of shares, can change. Even worse, you might now be lying on the road in front of the car. Being London, there's a fair old chance that the driver isn't strictly 'legal' - no insurance, possibly no licence. He decides to do a runner and you've just turned into a human speedbump.I agree that swerving in front of a moving car can be dangerous but how fast was the car going? Not much more than walking speed if that and the OP had plenty of room and time to move left and avoid the incident.
Just like many of your in-depth analyses (again - why the downer on cams, you love 'em!) this is conjecture, but based on the evidence I'd have done exactly what Ben did - try to scrub off as much speed as possible and AVOID THE FRONT OF THE CAR.
Arms now. The video doesn't show Ben's arms. Does he have arms? Unless he's had a horrific industrial accident since the FNRttC to Bognor last month, I can confirm he has arms. Did an arm make contact with the car? The video doesn't tell us, so we have to take Ben's description on trust. I believe Ben because I see no reason for him to lie. You do not believe Ben because you regard him, like every other rider who posts videos on here, to be a needy attention-seeker with borderline Münchausen's. Can you understand why people might get a bit tetchy?