depends on how you judge.

I think it loses as a 1st level spell. Don't get me wrong it's a better spell, just not what I think of for 1st lvl. words like despite the distance....unerringly..do they get a save..? This is like locate object and locate person combined and made 1st level with a compass....which it's nice to have foci, but I think as a 1st level spell it has questionable qualities. Why only a +3 to hit...

So as to the what's up.....Nael sit's back and smokes his cigar and says...
"not much, wish I had your DM"