Same here. I think you don't need to see that far for this to be useful. After all you most likely will want it for surveying the terrain so a lower zoom and larger viewing area would likely be the most useful set up.
The real question is whether we can somehow have adjustable zoom levels. If it zooms in too much it becomes a pain to survey a larger area. If it zooms too little then it's not much good for anything at all. I suppose that even if you couldn't get adjustable zoom to work you could just make...
The EXP ALL item made it so that even if someone didn't participate in combat they got EXP. So if the PC had one he would get credit for his partners kills.