Very good point. Only close call I've ever had with a cyclist while driving was when I was coming off a stop sign (at which I had stopped completely), and just as I started forward a cyclist cruised out from behind the privacy fence on the corner and across the crosswalk in front of me.

I'm sure legally he had the right of way as all crosswalk traffic does at a stop sign, but clearly he wasn't thinking things through... the reason it works for pedestrians is that they're moving slowly enough that I can see them approaching the crosswalk and yield.

If he'd have been on the road, even if he blew the stop sign, it wouldn't have been a problem because I'd have seen him coming.