Works for me. The only time I have a problem with a bike running a stop sign is when they do it at speed. Riding up, looking both ways, and safely taking your turn without fully stopping seems totally okay to me.
Cool story time: only time I ever got in trouble on a bike was when I (on campus, even) blew through a stop sign at an intersection that was not even publicly accessible. State Police saw me and chased me down and pulled me over on my bike :-). She had a point. I didn't just mosey through that stop sign, I blew it at speed. Dumb kid.