I had a close call today on my bike. Someone decided that they weren't going to be waiting at a red light and so gunned on the gas and took off. I was halfway across intersection going at a slow speed, so I was able to stop immediately. Despite this situation, I still love biking! You just got to watch the traffic carefully to try to avoid being hit.
Let's Go Ride a Bike blog has an excellent article on Bicycle safety, go check it out at Let's Go Ride a Bike- Getting Serious About Bicycling Safety
I have almost have 2500 kms on my bike now, so I think I've done almost 500 kms since January, which is pretty good since that's Winter here and we usually get lots of snow. Not this year.