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@Oliver Schick
Some more on the recent convictions for bike theft:
http://lydall.standard.co.uk/2010/06/how-two-of-londons-worst-bike-thieves-were-snared-by-police.html
Yes, I know that their sentences were suspended, but note that the thieves were involved in other crimes and that there was a drop-off in theft. It is a hard nut to crack and we're only just beginning to do it.
Anyway, just a small bit of good news in all the gloom.