My anecdotal evidence is that neither myself nor anyone I know has had a mobile phone stolen while on public transport or anywhere else. That said, I still agr

My anecdotal evidence is that neither myself nor anyone I know has had a mobile phone stolen while on public transport or anywhere else. That said, I still agree with you 100%. Even if the risk is small, it still can happen and would suck if it does. The remote-wipe feature of Exchange ActiveSync is why I set it up on my phone plus have the data partition encrypted so that even if it is swiped, all I've lost is the data and at least it's useless to anyone else.