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@Booga
I don't think being a cyclist makes you any more susceptible to attack. Both times I've had bikes nicked they have been burglaries from my shed, and all the times I have been attacked in the street weren't to steal anything but just by mindless idiots who had a problem with the fact that I didn't dress like them.
We all like watching those youtube clips of little scrotes who get served by someone who they didn't know was a kung-fu master or whatever, but if someone wants to nick your bike off you and you end up getting into a fight then you increase your chances of getting stabbed or whatever.
There have been too many incidents of people being stabbed/killed for their mobile phone or designer baseball cap or whatever. Sure I'd be pissed off if my bike got nicked again and I'd wish death on the scrotes that nicked it but I'd rather lose a bike than get stabbed.