I can't comment on that one but I have the MFJ-1026 and it works exceptionally well but there are caveats - it can only eliminate what both antennas hear and (as far as I recall) are similarly polarized.
In my case it is effective in eliminating noise from my daughter's older TV and some other suburban interferences.
It takes a little time to get used to using but, once you are, tweeking for the best signal becomes natural.
I can't comment on steering reception because I've never really used it for that purpose. I suspect it would work depending on the geometry/positioning of your antennas. A Yagi or beam antenna would be more effective.