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@Oliver Schick
Optimate, have you been in touch with the K&C LCC group?
http://lcc.org.uk/boroughs/kensington-and-chelsea
It's great that you want to get active there.
The classic return to two-way (not quite 100%) was the Shoreditch Triangle, which happened in 2002-3 as part of the Inner Ring Road scheme to surround the Congestion Charging Zone. It hugely increased cycling from Hackney to the City and was one of the main reasons why Congestion Charging kick-started cycling growth. There's still work to do; Curtain Road is still one-way and the 'Apex' junction of Great Eastern Street, Old Street, and Pitfield Street is still not very good, but work is ongoing to improve it.
More recently, and almost without fanfare, the City of London returned the (small, but annoying) Mansion House gyratory to two-way.
The large Tottenham Hale gyratory has also just been returned to two-way (although there remain serious problems with this scheme, at least both directions are now available).
Aldgate's partial return to two-way is in the works, but there will still be one-ways in the southern part of the gyratory even after the current scheme by the Corporation of London is finished. Under this, Aldgate High Street will become two-way and a new public square will be created outside St Botolph's church.
There are quite a few more examples of partial returns to two-way around London.
As you probably know, K&C did the pilot a few years ago for 'no entry except cycles' signage, which will be formally permitted in the 2015 revision of the TSRGD. This signage is important, as its lack had previously made traffic engineers very reluctant to permit contraflow cycling in one-way streets. They had had to use the 'flying motorbike' 'no motor vehicles' sign, which is not understood as well as the 'no entry' sign by drivers. The pilot was successful and the signs are already being used widely.