The entitlement of calling it a vehicular travel lane probably means you have a strong bias against cyclists, but I'll try anyway: Doesn't this just prove that it's moot to overtake cyclists in the city? Whenever a car pushes past me (quite often dangerously) I'll overtake them next time they hit a red light anyways. And there I'll filter to the front of the queue (not cycling on red), and be on my way while the car might have to wait a cycle or two more to get through.
So why do it? Just relax and drive slow, you'll get there in the same time eventually, without risking someone's life.