Since its a JoeyBike thread and no one else mentioned it yet, I feel I must.
You only caught up to him because he slowed down much more than you on the red light. And at that light you came close enough to the car coming in from the right that a lot of people would have slammed on their brakes if they noticed you there. Not worth it. A lot of your red light running doesn't seem like much of an issue, but that one was a bit close.