ICBC deferred the valuation to Autosource with some of their own information (condition, mileage, etc). The valuation was extremely generous. They valued the bike at exactly what I paid last year (actually more as they added recent servicing, etc.) so really I am only out the $500 deductable and the tax I paid on the bike. I think this was the best I could have hoped for so I am pretty happy. Cheque in hand already.
As they already handed me the cheque ... I asked what would happen if they found the bike before the 22 days.... they indicated they could call me but were very confident that the bike had already been cut up and if it hadn't it wouldn't be in a condition I would necessarily want anyways. Fair enough.
Time for a new bike.
Thanks for all the support guys.
For those of you with bikes now do the follow ... keep LOTS of high-resolution, high-quality photos on hand... it REALLY helps ICBC with valuation and make sure you keep ALL of your service records.