Ok I've done a lot of searching on all of the BF topics regarding the best way to secure your saddle / seatpost. There are some very interesting ideas out there (most notably threading an old bike chain through the saddle rails and the frame).

About the Pit Lock bolts for the seat post - isn't securing the seat post kind of useless? The seat post bolt only secures the seat post to the frame (at least on my bike - Jamis Aurora). The saddle is then clamped to the seat post using 1 or 2 allen bolts. Even if you have a Pit Lock on the seat post bolt, anyone with an Allen wrench can still unscrew your saddle from the saddle clamp, correct?

Am I missing something here?