If you use your bike for 50 miles a year, why do you even need that thing?
The only reason most Americans outside NYC and Chicago ride a bike is leisure. Well, that or too many DUIs if we're being honest.
Ideally though if I had something like this it would encourage me to use my bicycle more.
Need != Target Market. Jet Skis target market isn't water patrol enforcers. It's people wanting to have fun.