Nah...it's the small "compass only" version although it does have a feature where you can train it the mean wind direction and it will use that as "zero" (instead of true north). That way you don't have to remember a ton of numbers and do math in yo head. It's still rediculously expensive though.

The timer can be set to any number of minutes and allows you to sync it to the nearest minute by pressing the set button again. It beeps too but if the wind is over 2mph, there's no way you are going to hear it.