I could be wrong, but I thought it would give me the most accurate reading -esp. when I'm trying to get down to 1 degree. Its placement mimics the finderscope placement - kind of like splitting the primary and seconday. When you step behind to read the display, its like you would in your car, i.e. looking at the compass display which gives the reading of the direction directly in front of you as you drive.

I guess it may be more convenient to place it to the left of the scope so I can just look down and take a quick read before peeking into the eyepiece but intuitively I'm thinking that wouldn't work. I guess you could try that out and test with a sky object. If it were not accurate, you might then readjust the declination to compensate. I'm not sure.