I had my card number stolen and used once. I was visiting San Fransisco at the time. The number was lifted off one of my reciets and used to buy all sorts of over the phone crap. About $350 worth in all. I only got some $300 back from the card company plus it took the cops nearly a year to catch the guy but I guess they did accually catch him. Its an incredible hassle to deal with CC fraud or identity theft at all.

I think there should be more safe gaurds built into Credit Cards. I'm all for making picture ID on every card and requiring a valid ID to go with it. These are just some thoughts though.