Actually not that bad. Obviously it may be preferable to not have a orbital series of five roundabouts (there are reasons for this) but if you are, then every one of those markings makes sense. I ride across that at least once a week and without any problems.
Worth noting, and it is shown in the picture, there is an off road cycle lane all way round the outside for the faint of heart cyclist.
You gotta admit though,that looks f*cking awful.