The buses weren't moved from 73rd Street because residents of that street didn't want the buses there. If the MTA did that, they'd be shuffling bus routes around all the time, depending on who complained the loudest in any given year. The buses were moved from 73rd Street because that street couldn't handle all of the traffic that was trying to squeeze onto it. It is a narrow street that was simultaneously serving as a commercial strip, a transit route, a route for local traffic, and a route for cars dropping passengers off at the subway station. The changes that the city implemented were designed to distribute this activity more evenly through the neighborhood.
I think that overall, these changes work well, and are a big net positive for the community as a whole. And I say that as a resident of a building along 77th Street, which saw some increased traffic as a result of the changes. DOT was responsive to the earlier problems with not enough capacity on the lights on 77th Street, and from what I can tell, the problem has largely been addressed. If there are similar problems with capacity on 75th Street, then I haven't seen them.