RTW wrote:

<big snip>
Why hide one in front of the local library (or inside it as 
someone has done!) or on the front steps of the post office or police 
station (ok, no one has done that yet, but I can see someone doing that 
someday!) or in any other location that will arouse police or security 
suspicions?

It's been done, Scott. Check out GCGA7A or, more specifically, my log of
 [URL=http://www.geocaching.com/seek/log.aspx?LUID=0b4ccb77-b494-432f-aed9-2c42520abd7a]02/28/04[/URL].  Of course, this cache has been archived but it was around for almost a year and quite literally right under the nose of the authorities.  I agree with you though on the over-abundance of "stealthy" urban micros.  Many times I have passed over caches because I felt they were too "risky", at least at the time.

-- Sprocket

P.S. I know the above cache is OOS, so that's probably why you've never seen it before. ;-)