It's funny going to other countries where they take these things seriously, remember getting dirty looks in Amsterdam when crossing the road, same in Germany. Not even sure if they have jaywalking laws there, or do they just really enjoying following rules (you see everyone standing at traffic lights even when there's zero traffic, weird).
Here in Norway we have the optimal solution.
The red light on a pedestrian traffic signal means that the cars have right of way. This only makes it illegal to cross if you are hindering traffic.