Just had mine stolen yesterday. Find my iPad is not what you think. I had it on mine. Unless they connect to wifi, it s useless. Also, if you decide to try to track down the iPad, you are leaving it open for the thief to get any personal data. I have opted for the erase mode. As soon as it is turned back in and hits wifi, all data will be erased.

Just had mine stolen yesterday. Find my iPad is not what you think. I had it on my WiFi only model so unless the device connects to wifi, the service is useless. 

Also, if you decide to not have a passcode lock in order to try to track down the iPad, you are leaving it open for the thief to get any personal data. Sending a remote lock or setting a passcode does secure your data, but at the same time makes it less likely you will find it. For me, I have opted for the erase mode. As soon as it is turned back in or ever hits WiFfi before it gets erased, all existing data will then be erased.