This is why the buttons are necessary during non-peak hours... If I press the button, the light will go red as soon as it's safe. Jaywalking isn't a crime here, but this is still very useful in some situations.
Our "Coordinated Adaptive Traffic Control" systems are pretty awesome. Even during peak traffic, all the lights are controlled by a central control room, with a computer that manages all traffic flow as efficiently as possible. It will sometimes shut down a lane or modify a speed limit to allow emergency traffic through or prevent grid-lock further down the freeway, reducing overall travel time. It's able to simulate different traffic flow models and select the best one. The result is that even during peak hours, I can easily travel from the outer suburbs to the CBD (30k/20mi) in approx 40 minutes.
Details here: http://www.scats.com.au/