Traffic violations can absolutely be a hazard to other drivers - there are millions of accidents each year due to them (this includes speeding, running red lights, etc.). While you may not enjoy the use of the surveillance cameras in this way, they're preventing accidents and death... just like a security camera at a bank.
As was mentioned earlier in the thread, that's not necessarily true (and potentially causes the exact opposite):
Red-Light Cameras Increase Accidents: 5 Studies That Prove It
Granted, the link is to a blog, but the studies linked are not.
How is running a red light a "gotcha" law?
Driving through a red light is obviously not; driving through the instant the light turns red, is. It's a judgment call: "the light just turned yellow. how long will it stay yellow? how far away from the light am I? Is it safe for me to stop? do I have enough room and will the road conditions allow it for my car?". The wrong judgment, off by even a fraction of a second (which causes no safety hazards), and you're ticketed. Eventually everyone then stops on yellow lights regardless (essentially turning it into a green/red system) out of fear of being ticketed, resulting in even more problems (rear-end collisions, people sliding out of control w/ poor road conditions, etc).
The point is, yes, drivers who are driving through lights that are CLEARLY red just because they don't want to wait at the light are extremely annoying; however, as they are now, the red-light cameras are not the answer to this problem, unless they are adjusted to only capture those who fit into that above category.