In my view the decision to go around at low altitude should not be taken lightly. Especially in VMC conditions, where the arriving pilot has the departing traffic in sight.
One should bear in mind that at some(most ?) aiports the missed approach routing is the same as the SID.
So if you decide to go around from below 200 ft the chance is that you will be travelling faster than the departing airplane, both of you following the same route, while he is climbing and cannot see above and behind, and you cannot see below you. If nothing is done, you may probably end up at the same point at the same time, at the same altitude
The missed approach altitue is sometimes the same as the SID.
Just something to think of.
