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@edscoble
mythos, different culture, like in Japan for instance, thieves were low because of the difference in law, if you got caught, the chance of you getting a trial is very small, and probably land you in jail.
Amsterdam, thieves is not much of a problem (it does exist though), as everyone and their mums have bicycles, so who are the thieves going to sell it to?
I'll says this, thieves isn't that big a problem, just don't ride a flashly bike like a Colnago in centre London and expect it to stay there the next day, good locking method oh and avoid the E postcode area.
A lots of people in this forum have decent bicycles and still managed to hold onto them for years.
Thieves is a problem in London, but it's not an epidemic.