Unfortunately both photos posted previously of the 2 "variants" are showing the unit in time/date display mode and not
compass mode.
(My
compass, and camera, are at home and I'm not, otherwise I would have rectified this situation by adding a pic.)
I have the variant that is shown in spudricks post, when in
compass mode from memory you get four of those "block" sections you can see in that image circling the screen come up, one dead top of the screen and one a bit either side, then a fourth at the deadbottm of the screen. It is possible to gain a site line using the 2 blocks top and bottom, though I agree 1 degree accuracy isn't really aided by the case/display type. Perhaps thats why these sell so cheaply, but having said that for all normal purposes I've used it for so far it has proved adequate.
If your doing serious navigation somewhere remote and isolated where the difference between 1° and "a couple of degrees" is critical - and you're relying a $20 chain store electric
compass gizmo - then you deserve to get lost!
For other stuff these are a fun and useful gadget! I personally like the temperature display when out observing, the attached neck strap allows me to hang it over the focussor of my scope and get an idea of how cold it is "rght there" where I'm observing.