Thanks for the feedback guys. I'm on CX sorry should have mentioned it.
Yep acutely aware of the strict hand luggage allowance at PER, But have also seen this at MEL or SYD? Last time I muttered something about Emerald and the guy let me through with 2 pieces. Interestingly - if they properly enforced this in the US there'd be a whole different game when it came to overhead luggage space :-).
I have only 115mins at HKG so collecting the bags and taking them to the left luggage area is risky timewise I think. Maybe I'll just play it by ear as to when the PER-HKG flight arrives. In my expereince this flight is often late to depart out of PER which won't help things.
I imagine there are plenty of bags that don't collected off carousels for a variety of reasons - not least would be the weary traveller who simply forgets a bag (especially if travelling with multiple). There must be a standard process for holding it at least for a day or two as opposed to the more drastic suggestion of destroying it.
Paul