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Due to the complexity and pervasiveness of transportation in daily life, the use and combination of larger data sets and data streams promises smarter roads and a better understanding of our transportation needs and environment. For this purpose, ITS systems are steadily being rolled out, providing a wealth of information, and transitionary technologies, such as computer vision applied to low-cost surveillance or consumer cameras, are already leading the way.  This paper presents, in detail, a practical framework for implementation of an automated, high-resolution, video-based traffic-analysis system, particularly geared towards researchers for behavioural studies and road safety analysis, or practitioners for traffic flow model validation. This system collects large amounts of microscopic traffic flow data from ordinary traffic using CCTV and consumer-grade video cameras and provides the tools for conducting basic traffic flow analyses as well as more advanced, pro-active safety and behaviour studies. This paper demonstrates the process step-by-step, illustrated with examples, and applies the methodology to a case study of a large and detailed study of roundabouts. roundabouts (nearly 80,000 motor vehicles tracked up to 30 times per second driving through a roundabout).  In addition to providing a rich set of behavioural data about Time-to-Collision and gap times at nearly 40 roundabout weaving zones, some data validation is performed using the standard Measure of Tracking Accuracy with results in the 85-95\% range.