The chip in modern Honda keys will work at about 10 feet. There is nothing to stop you having a basic key cut (chipless blanks are sold on the auction site) and using that in the ignition lock. It's useless to a bike thief as the one with the chip is in your inside pocket and if you are only 10 feet away likely to intervene. If the panniers share the key, the non-chipped one will of course open those.
Totally agree about the routine though.
Andy
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