I speed straight through and here's why.
A couple of years ago, I was going down one of our beloved highway (yes highway with traffic lights

) here in Virginia and it was turning yellow. I still had a few yards before I got to the intersection so I slowed down then sped up then slowed again and finally decided to make a go for it.
Of course knowing my luck, a cop was there and I got pulled over. Instead of getting a ticket, I got a lecture about what a bad thing I did, not about passing a red light, but about the slow down speed up slow down speed up. He said that doing so is a lot more dangerous than just going through a red light because it confuses the other motorists around and could result in a bigger accident.
Since then, once I see a yellow light and I'm close enough to the intersection, I just put the pedal to the metal and zip through.