This may not be necessary for my $400 Raleigh that lives mostly in the suburbs, but it may be a good idea for urban riders of more expensive bikes.

http://www.gizmag.com/spybike-gps-tracker/22999/

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Interesting concept, but it looks like it only works with threadless headsets.  While that works for many bikes, that does eliminate a lot of bikes as candidates.  Also, since the company is in the UK, I wonder if their backup tracking (GSM triangulation?) will work in the US.

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