The round is fueled in the field with diesel, JP-4 or JP-8. Interesting concept. I want to see an autoloader do that.
It appears to be a GPS, IMU and AI guidance system which basically means its deployed against fixed, and not mobile, targets.
Nothing is "too far" for a 155mm round. What matters is whether the round provides the required effect at the target end regardless of the range. 150 kms is a very useful range as it would allow divisional artillery to attack, in all weather conditions, numerous enemy installations directly involved in commanding, controlling or sustaining the enemies front line troops.
I'm a believer in the potential of ramjet because it can increase range substantially without the need to increase the in-chamber propellant pressures which create the very high G rates that can be destructive to GPS and IMU components. It took a lot of work to get rounds like Excalibur to withstand that. So far their test firing is from an M777. Future testing on L52 or longer systems will provide data on just what the G limits are (I've seen some glossy IMU brochure materials that claim a 20,000g of shock capability). And one doesn't need to fire a ramjet at full charge anyway in order to get the range. One just needs the required ramjet activation speed.
Joking aside on the liquid fuel. An increase to a twenty year shelf life do to storing rounds without propellant is a big bonus in building and maintaining war stocks.
In any event, if one can manage 150 kms out of an M777 one has a valuable tool for select, high-value targets. Hope it gets beyond the glossy brochure stage.