In my opinion, wheel locks are not a preventative against theft, they are an irritant towards potential thieves.
It's the same reasoning behind a steering wheel lock, or a fuel cutoff switch. It isn't going to stop someone who is determined to take YOUR car in particular, but it is going to be irritating enough that someone who is just looking to steal ANY car will probably move on to the next one. Especially if they need to make noise / draw attention to circumvent your anti-theft measures.
Your car will never be impossible to steal, but you can make it irritating enough to steal that the thief will decide to steal the car next to it. Wheels are no different.
It's the same reasoning behind a steering wheel lock, or a fuel cutoff switch. It isn't going to stop someone who is determined to take YOUR car in particular, but it is going to be irritating enough that someone who is just looking to steal ANY car will probably move on to the next one. Especially if they need to make noise / draw attention to circumvent your anti-theft measures.
Your car will never be impossible to steal, but you can make it irritating enough to steal that the thief will decide to steal the car next to it. Wheels are no different.