It's a big radius, but finite, and you'll never get the range upgrades back that you put in. once you grab everything it can see, you might as well just deconstruct it.
Also, a camera drone or ROV would be nice, some of the stuff out there is scary, and 'connection lost' would be disturbing enough, when it gets EMPed or smashed by something big.
The Cyclops is perfect for a resource-based scanning capability, since you can move around, plus do something about it.