I have read a lot of posts about the "confusion" of traveling in the game. I hear it a lot, as well as experience it quite a bit in game as well.

So, to try to help alleviate that, why not allow toolmakers to make a "compass." That works the same as a normal compass, always pointing north. A compass can be lost, stolen, broken, and the normal like every other item in game. It could be a small item, that when equipped points the way north. Doesn't have to necessarily be compass in shape. Doesn't have to do anything with the User Interface. Just be it's own deal, that you have to look down at and "use." Using it could be a hotkey, the animation being you open up your hand as if you were using a regular compass.

Just a thought. 8)