Ipad Stolen- should I lock it or erase it?  Also, if uphone shares same apple ID, will the iphone also become locked or erased?

Ipad Stolen- should I lock it or erase it?  Also, if uphone shares same apple ID, will the iphone also become locked or erased?
Thank you!

It prevents a thief from accessing your software and data, but unless it has iOS 7 installed it will not prevent the thief from erasing and restoring it for his/her own use.
If you have iOS 7 installed even if the thief cracks your passcode, they will need to know your Apple ID and password to use it, otherwise, it's bricked.

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