That's somewhat like saying, we're all going to die anyway, and the risk is low, so why not smoke? Or not wear a seatbelt.
Indeed, and it's not terribly hard, so not doing it makes no sense.
That's hard, if not impossible, to say with any real certainty -- experts agree that the great majority of intrusions go undetected. Even though my own security is very robust, I would only say that I don't *think* it's ever happened to me.
Likewise, but only because I have very robust security.
Since WEP is pretty much worthless, I personally think WPA should always be used with a strong passphrase. Since takes only a small amount of effort to generate and use a truly strong passphrase (e.g., seven or more diceware words), it makes no sense to set the bar lower ("reasonable secure").
:Level 1: Home and SOHO WLAN security
Unfortunately, many home users are either using some old equipment, old drivers, or older operating systems that don't natively support WPA so they are still using WEP if anything at all. WEP encryption was thought to be good for a week for most light traffic home wireless networks because the older WEP cracking tools needed 5 to 10 million packets to recover a WEP key, but the newest WEP cracking techniques can break WEP in minutes. Even if there isn't that much traffic, the attacker now has ways to artificially generate traffic and accelerate WEP cracking. Because of this, consumers should avoid any product that doesn't support WPA TKIP mode at a minimum but preferably WPA AES capable or WPA2 certified devices. If they have WEP only devices, check with the vendor to see if there are any firmware and/or driver updates that will upgrade the device to WPA mode. If not, anyone who cares about privacy should throw out those devices. As harsh as that may sound, it is comforting to know that newer Access Points and Client Adapters that do support WPA can be purchased for as little as $30. Client side Wireless LAN software (officially known as Supplicants) also need to be updated to support WPA or WPA2. Windows XP SP1 with the WPA patch can suffice, but Windows XP SP2 is highly recommended.