She was too powerful for a good plot, in my opinion. The novel doesn't elaborate on the exact extents and limits of her power, but it leaves me wondering why she's working in corporate espionage and not, I don't know, ruling the world or something. Why does she have an interest in lowly Joe? Why is she killed off (or half-killed) so quickly and easily?
I agree with you. I'd rather the plot have seen one plotline through instead of abruptly shifting tracks and rendering the earlier plotline irrelevant.
On the spot, I can only come up with a rather stupid analogy, but if stories are carefully mixed and balanced cocktails, then a character that can arbitrarily turn back time for themselves and change things, is like taking that cocktail and pouring in a full bottle of everclear.