I think that the new idea of you "actually" being in control of your goods as per the iPhone Find my Phone program has shown is a wonderful thing. Insurance is lovely, it calms the fear and exchnages it with the knowledge that someone else can replace it.
What I see in the new technology of personalised GPS tracking is that maybe, just maybe, within minutes or at worst, hours, you couuld have located your goods. Get the local police onto it and problem solved.
They may be novel news stories, but within 1 year of the option being available on the iPhone, news stories were abound of the average joe tracking his/her property within an a few yards.
With the impending release of RED's Scarlet models, putting serious equipment into the rooms and houses of indie film crusaders, such as myself :), the added reassurance that I have ways of tracking my equipment would be an added bonus to the lock and key on my house.