the amount of damage someone could do to your digital 'life' if it were to be lost or stolen is truly scary.I didn't advise anyone to do what I do. I just reported doing it without any negative consequences. My iPad travels with me in my carryon, but when at home, it stays put. I don't take it with me anywhere locally. I have not yet been visited by people in white coats, and don't ever expect that to happen. Do you suppose that Apple made it possible to reject some security options (or all of them) because they knew some users didn't need them?
i guess if you have no email access setup on the ipad you are reasonably more secure. but if they can access your email account via an installed app, thats all they need to get access to almost everything via password resets.