Regardless of the wireless broadcast issue, which is a no no, no broadcast transmissions of any kind are allowed. that means laptops, PDA's with 802.xx need to have the cards disabled.
but GPS has always been writen up on the more detailed descriptions, sometimes you see the pictures on the international security videos, as this could possibly send erronous data.
Now, I know some of the NO NOTHING IN FLIGHT is overkill, but something as flight specific as GPS data I would suspect I would rather not even risk it.
the FAA site has a much more detailed list of things they specifically ban, check out their site at
www.faa.gov