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I was aware of this and not happy about it. Coming from years of orienteering, I love map and compass and it is integral in adventure racing.
Adding GPS to help more people enter the sport is a bad idea in my opinion. You're removing a big part of the challenge. Beginners should start with a shorter course (like we do in orienteering - not a 24 hr event.)
What they are creating is really an ultimate Geocaching event that is timed.
The part that really ruffles my feathers is when the race director says they are letting you use your $1000 watch for what it is and not dumb it down to a $10 Saco. My Garmin Fenix is nowhere near a Saco in AR mode. It captures tons of data that I can review when the race it over.
It will be a sad day if adventure racing moves to GPS for navigation.