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Find My Mac is likely one of the new Mac OS X Lion features that Steve Jobs will reveal at next week's WWDC keynote.



From Mac Rumors:
One reader has noted that Find My Mac is mentioned when reinstalling the latest version of Mac OS X Lion.DP3 through software update failed for me so I decided to format the lion partition and install it again. This is the warning I got when I tried to install lion on a HFS+ journaled formatted partition:There is speculation that the Find My Mac feature is dependent on the creation of the recovery volume in Mac OS X Lion.
  More 'Find My Mac' Confirmation in Mac OS X Lion