Thanks for the input folks.
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Just to clarify, regarding 'flooring it' through the red light, Clouseau is quite right that jumping a red light could have potentially caused a far more serious incedent than a rear end shunt, but in this particular instance I crossed the line as it turned red, so we're talking of a split second difference between 'jumping the red' and having been an 'amber gambler' (neither being best practice). Also, this particular crossroads has quite a steep approach from the left, so not even a champion drag racer with launch control would have crossed my lane from that direction, even if there was no 'safety delay' between the other lights changing. For vehicles approaching from the right there are four lanes to cross before entering my lane. One lane to my right going in my same direction, one to turn right, and the two lanes of on coming traffic. By the time the other light changed to green I would have been through the crossroads and at least 50yds down the road.
Having said that, thank you for the sound advice and input Clouseau. Much appreciated.