How effective are CCTV security systems at reducing crime?

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Since the July 7th London bombings, CCTV security systems (closed circuit TV) across the world have been examined with greater scrutiny and with greater expectations for reducing crime. Although not a panacea for preventing crime, many CCTV surveillance systems have been successful at reducing some types of crimes like property crime, for acting as a deterrent in car parks or in other public places, and for making citizens feel safer. 1105 cat0 3071

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Source: Video Surveillance Equipment, CCTV Cameras & Security Systems Guide
Extensive collection of articles on everything you need to know about video surveillance equipment, CCTV cameras, biometrics and wireless security systems for business and personal use.