I agree. I would prefer cyclists to be given no privileges over other (powered) vehicles and to be subject, as far as possible, to the same rules and penalties as powered vehicles. The recent changes to the HC are a retrograde step in this regard: they allow and even encourage cyclists to overtake on the left vehicles that are indicating to turn left if the cyclists want to go straight on, whereas I would like the HC to make it an absolute (no mitigating circumstances) offence for any vehicle to overtake another on the side which it is indicating to turn.
The law should investigate the circumstances of every collision and not make any assumptions that it is "always the larger vehicle's fault" (whether in a car v bicycle collision or a bus/HGV v car collision).
I get as annoyed by cyclists breaking the law as I do by car/bus/HGV drivers breaking the law. No more, no less. There seems to be a school of thought that a cyclist is less to blame or will be punished less often or less severely if they break the same law (eg at a zebra crossing or red traffic light) - even that it is "OK" for cyclists to break those laws.