This is the same augment people use to defend theft, and claim "well it is all insured so who cares"...

There is a TON of intangible loss when property is taken from the owner, does not matter if it is the FAA per policy, or a thief. Just writing a check for the value of the property does not in reality make someone whole

No, you're pulling up a straw man argument here. I'm not arguing that there isn't such a thing as intangible value.

Your original comment expressed concern about people who don't get compensated by the actual owner of their hardware; I'm saying that the airline will very likely reimburse these for the monetary value of what they've lost.

Also, property theft and air travel safety investigations are a slightly different matter in my view.

The involuntary taking of a persons property is theft, does not matter if it done by an individual or a government claiming to be acting for the "greater good"