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99.99999% of anti theft devices will only keep away the casual thief. If you don't know any reposessors, you should make friends with one and you'll find out how easy it is to bypass pretty much everything.
Lojack can be good, but it relies on 'security through obscurity' (location of device) which isn't proper security at all.
Locked garage, alarm with pager and a baseball bat... these can help ;-). I've seen the lengths people go through locking their bikes up in places like San Francisco, and think... damn what a pain!
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