The black box pinger isn't really designed to locate a crash site, IIRC, it's to locate the black box within a crash site that could cover several square kilometers.
I'm more surprised that there isn't a single (imagery-related) satellite that would, over the last 24 hours or so, have taken imagery (or been able to be re-assigned to do so) of the area(s) of interest.
If for nothing else than to rule out some areas / possible outcomes... But yeah, very far out of my realm of expertise, though I do hope to finish my PPL fairly soon & am an avid AVHerald & LiveATC follower! :-)
Doesn't the technology exist to detect low power signals from a much greater distance? The US military must be able to do it?