http://upload.wikimedia.org/wikipedia/commons/8/85/KeizerKar...
Traffic lights for getting on and off the roundabout, and traffic that enters the roundabout actually has precedence over traffic that's already on it, contrary to common roundabout rules. Lots of accidents happen because of it, and I have no idea what made people think this was a good idea.
The point about a roundabout was to keep traffic moving, not stop it. If there are lights, there is no difference between a roundabout and a circular intersection.
When setup well, it couples the good points of a roundabout with the good points of a basic intersection.
They're usually seen though where you have maybe 7 or 8 roads coming together. If you didn't have stop lights, people from the smaller roads would never be able to enter the roundabout.