Yes. I already do it anyway, where it isn't going to lead to any conflict with other road users. Fair enough for you big city dwellers; it might not be a good idea to run through a red light into the path of a big red bus at Trafalgar Square. However for those of us who cycle in the more civilised parts of the country, sitting at a red light when there is not another vehicle or pedestrian to be seen smacks of stupidity and a lack of ability to make common sense decisions.
If I want to be treated like all the other traffic, then I will use the car.
Being able to be somewhat flexible in your interpretation of the rules is one of the big attractions of cycling, IMHO..
Or do all you halo wearers want to be insured, , and not be allowed to have a few beers during your bike ride?