Yes, I agree. If you're using the road, you should follow the same rules as everyone else using the road. Whilst you may be lighter and smaller than a car, you are still capable of causing serious injury to you and other around you.
When will people get that one person's fun / convenience isn't at all important in the grand scheme of things?
And for those protesting about pedestrians not having the same rules applied:
a) They are not in charge of a vehicle
b) They are mostly not in the road
c) Being drunk and disorderly IS an offence.
It's not about "one person's fun" - it's about all of us being able to go about our business and enjoy public space. Motor vehicles present an extraordinary danger to others - drunks on bicycles do not. That's really all there is to it.