...Very interesting but (I'm) stupid...
No, Matt, you're no stupider than me, or we're both stuck at the same level of stupitude.
I spent the last hour trying to model this behavior and finally gave it up as too complex and with too many variables to do accurately. All my old physics formulae apply to conservation of angular momentum and such, and this is a linear problem having to do with the conservation of energy and forward momentum. In the interests of time and getting something (anything!) else done today, I've got to admit temporary defeat (though my mind will keep working at it).
What I think is happening is this (and, yes, I got intrigued enough to get the bike out and try it out in the street in front of my house. By this time, the neighbors think I'm nuts for being so interested in bikes anyway, so there's little to lose; they probably figure it's just a continuation of my downward spiral...):
= The bike and your collective mass have forward momentum.
= When you swing your legs back, that counters the forward momentum to a degree, but to move your legs back, you're also propelling your body forward.
= When you swing your legs forward, the forward transfer of their mass (what, maybe 20kg or so?) is additive to the greater mass of yourself and the bike (a seeming gain), but swinging your legs forward propels your upper body back, so that would cancel out.
I don't yet have my bike computer hooked-up to the Nomad, but I would imagine any speed gained by swinging your legs forward would be cancelled by swinging them back. It would be neat to see if there is a momentary gain/loss in speed, but I can't imagine any net-total gain in forward momentum resulting from swinging your legs.
Sadly, I think it is a perceived effect. I think you called it exactly when you opined...
Perhaps because I was having a free ride down hill at the time, and this combined with the energy I had spent, I felt the forward motion amplified?
Perhaps our friend and colleague JimK can save us with a timely and cogent analysis. I'm guessing if anyone can, it is he.
All the best,
Dan. (...proving the neighbors right one Bicycle Venture at a time...)