Funny, I was trying some of the new website features, and tried "find new caches near me". I live in Texas, and the first cache on the list was 300 miles away. In Texas, yes, but I doubt I'm going to jump in my car and go for FTF.
It would be nice to have an option to make "near me" mean a radius of some number of miles. I'd probably also find the current feature less than useful if I lived near another state but "near me" never included caches from just a few miles away.