If you attach the lock according to the instructions (and you don't use one of those cylinder-key locks that a ballpoint pen barrel can unlock), then you have a definite chance of protecting your computer. Of course you have to use the thing correctly; locking it to a chair or the end of a table leg is dumb. But who's going to buy a "used" laptop with the lock slot broken out? It can be done-not easily but it's possible-but making the effort is a big deterrent. The thief may pass your computer up and look for one whose user didn't bother to lock it at all, as mduell says.