With the initial system you were considering once it is stolen so is the recording. I used to work for in the day Maxpro in the early days and used to maintain the Perth CBD camera system and you wouldn't believe what people do and don't care if they are viewed while commiting the act.
I also worked for the Railway's and maintained the security system for the train stations as well. I also collected the video footage for the police and again you wouldn't believe what they do even if they see a camera.
Second floor cameras would need extra resolution to capture details from a distance, You would need higher resolution especially if you still require wide angle coverage.
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