If a stranger stole your iPhone, and you knew where to find them, would you track them down, or call the police?
The article below touches on the outcomes and potential consequences of doing the former. I have been lucky with my three iPhones. None of been stolen, or lost. But, I have know people who have experienced theft, with no clue where it went. No insurance. No recourse, and a lot of angst left behind with unsynced data, and security holes.
Things have improved on that front with the technology of GPS tracing, that allows iPhone owners to often recover their phones, preferably with police help. Here’s more from the New York Times. >>