Not sure I'd do it, I was always lead to believe that a visible deterrent is best and this clearly isn't. As you say, if they really want it, they will find a way. But if it is an opportunist, having a visible deterrent may well be enough to send them on to the next car.
What I would suggest is one of these small tracking devices you can now buy from the likes of Amazon. I'm sure I read of a case not too long ago about someone finding their stolen car thanks to something like the above which didn't cost very much (though be aware, you will need to pay a monthly fee of about £5)
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