I think it is cool to have it and we will all taunt how cool it is once we start getting them on our phones. i
It will probably take a year or so for us to catch up on that one software wise. The apple developers will be all over that and within a few months all their apps that can use it will be supported. You got to hand it to Apple on that front.
With Android being first in a lot of things, why did we miss that one. i
With that all said most applications don't really need it. I guess it would make Google Sky a bit more smooth but hell man, it is GREAT as is....