With Eye of the Herald, the token is played to the destination right?

Yes, that is correct. When a unit equipped with Eye of the Herald moves, its triggered ability plays a 1 [S] Recruit token at the unit's new location ("here").

According to RiftJudge FAQ #3725, the token is placed at the location of the unit at the time the trigger resolves, because the equipment grants the ability text to the unit itself.