I'm lucky in that if it ever happened to me, I am a fairly adept martial artist, and due to doing my house out, have a large quantity of hefty tools very close to hand in my bedroom.
I would hope that the scenario would play out thusly:
1. wake up to the noise
2. sneak up on said scumbag
3. smash him over the head with something heavy, causing him to fall down hard
4. tie him up with cable ties
5. drive my car around the back lane
6. put aforemention scumbag in my boot (it's not very big)
7. drive scumbag to the top of a nearby mountain
8. push him off the edge
I think I'd be happy to not report the break-in to the polcie, and I'd probably pay for the property damage myself.
Oh, and I'd wear one of the all-in-one white CSI suits, dust mask, and rigger gloves that I have lying around from my renovations - I'd also put the scumbag in a few rubblesacks to avoid forensic transfer of fibres, etc.
I don;t sleep much, so dream these things up : )