Originally Posted by
arpiuk
unless you're unlucky like me, where both the laptops and the backing up equipment (Time Capsule) have been nicked!!!!!

Now, I back up the Time Machine itself onto a hard drive and store it off site.
That is unlucky

My 1TB Time Machine sits in a double-bottomed 16th century built-in cupboard with a secret compartment made my my carpenter for that very reason! It's pure Harry Potter, and I'm amazed the wifi signal is at 90% in the rooms around it given the thickness of the wood!
Meanwhile a couple of GBs of capacity on my my .mac account handles the off-site backups of documents in a few specific folders in case of a fire
We are so computer-dependent these days that I wouldn't risk anything else.