Punks addon is a warning system to tell you when a hostile player is near. It's pretty much only useful for pvp. A red circle will begin flashing on the minimap in the vacinity of the hostile, whether detected by you or another carbonite user that is in your faction. The punks window will display their name, and one the punks addon determines their class that will also be displayed. You can target the hostile from the punks window.
You will have to still look for the person, carbonite doesn't give you the exact location, it only tells you that a hostile is near you based on any abilities/spells that are picked up by the combat log.
It's invaluable for pvp servers, I love it
