You may often see it, I never have.
If it achieves anything it is a false sense of control given to the driver who may then continue their journey in a slightly less dark mood than they otherwise would.
What I want to know is that given that it is now 2012, how come we still have traffic lights that appear to sense your imminent arrival so they can go red and hold you up, until someone comes along in the other direction and then the lights change apparently to hold them up ? Surely by now we can expect (artificially) intelligent behaviuor from our lights ? Or how about the number of times, when no traffic is about, the lights opt to switch for no apparent reason so the direction least likely to produce the next car is at green ?