433 mbits per second to 7 gbits/s would be hella k-rad on an iPhone. but you are most likely to never see it. they simply don't put the number of antennas necessary in an iPhone to get those speeds. for example. 300 mbit 802.11n requires 2 x 2 spatial streams and 450 mbit requires 3 x 3 spatial streams. the iPhone only has 1 wifi antenna. its impossible to get those speeds. i think the top speed even with 5ghz on an iPhone is 56 mbit????
oh and about the wifi gps thing. it probably uses less power to check wifi networks to get a general area then to power up the gps receiver for a minute or so or maybe 2 minutes max to get an initial lock
2 x 2 is the number of transmit and receive antennas (channels???) , 3 x 3 , 4 x 4, etc etc
we are more likely to get thunderbolt on iPhone then 2 or 4 wifi antennas