Miscellaneous responses
Thanks for all of the comments. It seems like FileVault was the solution I should have used and is the solution I need.
Random comments to other points:
1. Identity theft is THE problem; I needed a new computer anyway and was just waiting for the new MBPs. Since I've been through the process, I might as well share. If you think it is an issue, this is a useful "what to do" checklist:
http://myfloridalegal.com/pages.nsf/Main/CBBEBA3F2583433385256DBA004BC600?OpenDocument You can get a 90-day fraud alert just by calling or registering on line; with a police report, you get it for 7 years (not a typo). I was able to get the alerts placed with the three companies the next morning; it works, because I needed to change my cell plan and the company would not do it until they spoke to me through one of the numbers I had provided to Experian, etc.
2. "Breaking" the password is easy; it is an install-disk issue. I won't explain how; however, this was confirmed by Apple Tech Support
3. To get Apple to note your computer in its system as stolen, you need your police department's fraud unit to contact Apple's Fraud Unit--which Apple Tech said they can and will do.
4. I don't use Firefox to remember passwords--or write them down on paper--but that is a good word of warning. I'm really not concerned with the password being figured out; bypass is my problem. If you want to test a password, use Keychain (in Applications) as if you were setting up a new one; it has a little strength meter pop up.
5. Using a password for every "waking" function is an extremely good idea. With a laptop, there is really no reason not to do so. Anyone who steals it will, at some point have to close it--and probably at the point of theft; that alone is worth something. Also, I cannot think of a good reason why you wouldn't do it on a desktop.
6. Luckily, the most important items--10,000 digital photos of my kid--were backed up. I do need to get Backup now, because it was only on my laptop. [Yeah, THAT was bright, in retrospect.] I'm not sure of the utility of Time Machine; however, a separate backup--kept in a separate location (even if only within the same residence--is a necessity if you have anything about which you care on any of your computers.
7. I'm willing to be convinced otherwise, but is Time Machine anything more than a bell-and-whistle?
Thanks again to all.