I worked for a firm, which studied satellite navigation and implementation for air traffic control, guidance, safety, and ILS. I don't think that will ever happen. There are huge gaping issues with GPS, both WAAS and GBAS. It's very unreliable, especially in bad weather. The old-school RF tower and ILS, which used Carrier frequency pairings by the runway, are way more reliable and propagate bad weather while guiding…
> Even the GPS signal itself has latency and lag What do you mean by this? You sound pretty knowledgeable, so you must know that it's simply not possible for the GPS signal to have latency or lag.
The signals have to be received from each satellite, then processed to yield a position valid at the time of transmission.
Every GPS fix you get is delayed by AT LEAST that processing time. Any filtering adds more lag.
Most navigation systems look at the T(fix) -> T(now) difference and project your now position from the prior fixes. Especially if you're following driving directions as opposed to free movement, then programs like Maps etc project how much further you've moved on the route, not just along your velocity vector.
After a few seconds, though, that projection will stop moving, too, when the gap between last fix and now gets too large.