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They're planning on removing parts of some of the bus lanes on the Lea Bridge Road as part of the mini holland stuff.
According to the (admittedly partisan) blurb, TfL modelling has shown that there will be minimal impact on bus journey times.I remember reading somewhere once that bus lanes are only really effective if they go on for quite some distance, and short lengths of them lead to buses having to merge back into traffic - with the resultant delays from other drivers not letting them back in - so it doesn't matter if you get rid of them.
Two pieces of anecdote cake for you all there - tuck in.
I totes agree with him, bus lanes absolutely should not make way for bike lanes. I Just couldn't be arsed to properly engage with such a tallywhacker.