My favorite five-way intersection (Franklin Avenue/East River Road/27th) has now been signalized for over a month. The video was taken on Oct 11 in the late afternoon (I apologize for the poor angle, but I wanted the same position as before as much as possible, unfortunately the sun did not cooperate (or alternatively the clouds did not obscure the sun), also I reduced the resolution for the Web). Other differences to note are that school is now in session.
The intersection was roughly at capacity (as can be seen), in that most conflicting movements were fully served with approaching cars, though I suspect throughput could be a bit higher.
We observe a throughput of about 1948 vehicles per hour (based on my estimate of 147 vehicles and pedestrians and bicyclists in 4:18), which compares favorable with the more chaotic 5-way stop during reconstruction which served about 1600. There seems a long period of lost time that could perhaps be used to improve capacity/lower delay.
The main difference is the extra capacity due to more systematic parallel movements (yielding more than one critical point). Notice the pedestrians just past the 4 minute mark are still quite confused as to whether to go or not.
As a user, the pedestrian timing is still terrible, and I just go whether or not I have the signal, so long as I am unlikely to be flattened like a pancake by oncoming cars.
David Levinson, Transportist 