Is there a way to enable "Find my Mac" to locate your computer but not remotely wipe the drive?

In this Knowledge Base article, Apple write "With Find My iPhone set up on your iPhone, iPad, or iPod touch or Mac, you can locate, display a message, play a sound, remotely lock, or remotely wipe (erase) your device using the Find My iPhone app from another device (such as a friend's iPhone or iPad)."

This is the closest I have found to a direct statement that it's one package: if it's set up, you can locate, display a message, play a sound, lock, or erase. None of the documentation about configuration mentions options to enable these selectively; the control is off/on.

As far as disabling remote wipe, there seems to be a strong indication that the remote wipe involves rebooting to the Restore partition. Evidences for this include the fact that "Find my Mac" will not turn on (be greyed out) if there is no Restore partition present. Also, it would be very difficult for a running process to wipe its own boot drive. The Find my Mac remote wipe causes a reboot. It seems most likely that wherever the remote wipe lives, it's somewhere on the recovery partition.

So, Find my Mac won't turn on unless there is a recovery partition. Remote wipe most likely won't work if the Recovery partition isn't bootable. To enable Find My Mac but disable Remote Wipe, you need to have a recovery partition, and it needs to not successfully boot. Sabotage the recovery system somewhere so it can't boot and thus can't be used as the plaatform to wipe your main drive. Of course you will want to keep an external bootable recovery drive (USB stick?) available if you do this.

The first suggestion of sabotaging you recovery partition will not work. If you do that, the "Find My Mac" feature will disable itself. Meaning when you log into the feature, your computer will no longer be listed. The computer needs that recovery partition to function. If it's gone, "Find my Mac" will turn itself off on the computer. I found this out by accident. I used Carbon Copy to transfer my data to a bigger harddrive on my MacBook Pro and the software didn't copy the recovery partition over. When I went onto Find My Phone about a month later, My MBP was no longer listed (I was showing the feature to a friend who just bought a mac). So I went into iCloud in system preferences and noticed Find My Mac was greyed out and said "recovery system update required". the only way i was able to fix this and get FMM running again was to reinstall the operating system so the Recovery partition could be rebuilt. So yeah. Don't damage / erase the recovery partition or the FMM app WILL stop working altogether.