This came up in a thread so I did another one of my charts.
Board assumptions:
- Homing Missile always grants you an extra dice modifier (focus or target lock, which both increase the hit chance on each die from 50% to 75%) as it doesn't spend the lock.
- LRS grants you an extra dice modifier from locking ahead of time. Therefore LRS Homing is double modified.
Homing is always at least a hair better, but if no evade tokens are involved there's very little in it comparing Long Range Scanner results: Concussions can safely substitute Homings in an LRS build if you're strapped for points.
Homing flat out outperforms Concussion with Guidance Chips or with neither modification.