Last year I absentmindedly left my GPS and Cellphone in the car (was running late to work). About an hour later I realized I didn't have my Cell on me and went out to the car to retrieve it. Lo and behold my TomTom 920T GPS, and my Motorola Q9c were both gone and the window in my car was smashed out. Rough retail value of the phone and gps together were around the $1000.00 range. The police came and took a report, I even actually still had the boxes for both units with the serial numbers. I've not heard anything since.
What really irks me is that I know for certain that the Cell Phone should be traceable. At least the police could have called Verizon and checked to see if it showed up in any of the 50-100 pawn shops in town. We're not talking major investigate work here, we're talking about what should be a 10-20min call. I called TomTom and also asked them if they could at least make it where that unit will never get an update.. they said it was a feature that many have requested, but at this point in time they didn't offer that.
I know that there are more important things like murders, etc.. but hey they had to take the time to take the report, could at least do a little diligence.