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Yes they work better than 4 stop signs at low traffic two lane intersections.
Actually at a lot of places where there are lights I would prefer stop signs. Never hit em green anyhow... at least with stop signs you can proceed without needlessly waiting.
I'm obsessed with street design because of my design background an because my hourly depends on how efficiently I can get to jobs. I pretty much know all the back routes around gridlocked areas in San Diego... for example because of NIMBYism you don't want to drive into La Jolla directly... miles long traffic jam on the main route everyday all hours... hideous place, I would never buy there.