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@StandardPractice
FWIW, the bit I thought was a good idea was raising capital from advertising and investing it in cultural projects.
I think the proposal is ugfuck and I agree it would also block views excessively. It would create a distraction, but I kind of assume that everyone is distracted by everything all the time anyway.
You'll think I'm mad (or a just a bit pretentious), but I quite like Old Street Roundabout (not including the road itself) as it is the dirty, smelly underpass has quite a lot of character. But yeah, it could really do with a spruce.