Anyone think an item like this has a place?

[Endoperez]

Sorry, but no. You can't order anyone to Fire at Commanders. Because of that, it'd most probably be wasted - except in e.g. arena matches, or assassinations,and we don't need this kind of a weapon for either of those.

Ethereal Crossbow is more balanced version of this. It should be possible to mod the weapon the item gives, to change the precision, range and ammo values to change it, if you wanted. However, I don't think there's point in that.