When you base action on the consequences you could actually be saying that you WOULD do it if those things were removed from the listed outcomes.

I agree completely.

The problem with using the "consequence" threat as a deterrent is that it basically teaches the potential WS to be more careful about not getting caught - but not to avoid the action.

Moreover, many WS use the "action-consequence" logic to actually justify their actions - "well, the BS was not meeting my EN's, therefore I had the affair" - no doubt we all heard that one.