Locate object is a great way for a newer or less experienced character to find gear. Need some robes, locate. Need a staff, locate. There's absolutely no indication as to whether the caster will be about to gain said loot, but it gives them a reason to explore.
Removing these spells caters too much to the knowledgeable and elite in the game. They know where stuff is or have the clan to provide them the information. Do we want in addition to handing the game back to the troublesome and blacklisted want to make it more difficult for new or returning players to field the game?