Two different points there. You're not aware of any facts concerning Bedford at all - it is the case that unless that money was used, NOTHING would have been done to the roundabout.
IMO, nothing would have been better than this half-arsed bodge.
This "solution" benefits motor vehicles, not cyclists.
You keep saying we should support, or at least accept, this change on the basis that it's better than doing nothing. I'm unconvinced of that.
I notice you can't actually back up your assertion that traffic speed through the roundabout is reduced. It looks to me like the complete opposite would be true. There's a reason why in the Netherlands, cycling routes completely bypass these turbo roundabouts - because they are provision for motorised traffic and not cycling.
I am not saying we should reject anything that isn't perfect, but we should certainly reject anything as crap as this.
This roundabout will do nothing to improve cycling conditions, and that's why CTC and Sustrans should have rejected it.