I dont think its going to be much use.
the leakage limit for the electrical connectors on the box is only ment to be 1000m (from memory on the last time I was watching a show about how hard they are to destroy) but its in between 3000+5000m of water.
ok so lets say it was good for that depth. The battery is only rated for 30 days worth of pining and thats in a good environment..
ok so lets say the battery survives and makes its thirty days (and the equipment was deployed within a week of the impact AND they deployed into a reasonable search grid) It would take them on average 3 weeks to search the entire drift pattern (based on some very rough drift rates, sink rates and error of accuracy on the first point of impact) They could miss it even if it was working and the battery held out to nominal life.
The range on the pinger is only about 500-1000M and thats in optimal conditions. the nearest they can get is 3000m minus the max depth of the towed array... which lets be generous and call it 1000M (realistically it would be less than 500m and probably in the 100-250m range) IF everything else is hoplessly optimistically in their favor and it all works they will still be out of range by easily 1000m.
so it goes more from looking for a needle in a haystack where first you have to find the hay stack but you have to also find it while blind folded and with a bushfire bearing down on you that you have to race before the haystack gets torched. And just to make it interesting, its a bone needle so you cant use magnets to help you.

