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@olo
I use glue/bearings in all 3 saddle/seatpost bolts that I have. I recently spent an hour or so dissolving and picking glue of the two seatpost bolts so I can raise my saddle height since I recently switched to clipless. I highly doubt any thief is going to take the effort to do this...much too frustrating and tricky if you dont have know-how or light or the ability to lay the bike down to hold the accetone in the bolt. you could use cotton swabs to wipe the glue away, but that simply take more time. the quickest way is to lay the bike down and fill the bolt with acetone and let it sit for 30 mins...and then spend another 30 mins picking out the excess goop with an awl or sharpened spoke.
I've been doing the glue thing for 2 years now. Before then, I looped a cable through the saddle rails and then into my d-lock when locking up (and always worrying if there would be someone that would just take my seatpost itself). saddle theft is no longer a concern of mine. I'm more worried about my fahgettibouditt d-lock being cut...which says alot.