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So if it's built into the bios the thieves will just get smart enough to go in and turn it off...no big duh there. You can't completely lock folks out of the bios since all you do is pop the battery to wipe the password (yeah harder on laptops but doable). Probably the main market will be laptops, which are admittedly expensive items. The only bad side will be the guy that sells his computer to somebody, forgets to turn it off or report to the clearing house that he sold it and then the police knock on the new owner's door, that could be aggravating for sure.
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