The GPS is very useful and handy. Don't assume you have to buy a very expensive GPS to get the job done, either. I bought a Garmin eTrex for about $120 in 2006 for a wilderness DIY elk hunt. Such a simple GPS can do a number of things for you: (1) inform you of the sunrise/sunset time at your exact location, (2) inform you of the altitude of your location, (3) set a way point which you can later select to navigate to -- for example, set a way point on your camp before leaving it in the morning and select to navigate to it on your way back home, and the GPS will give you a pointer in the direction of your camp and an indication of how far (10 miles, 1 mile, 400 feet). This can be particularly useful when it gets dark -- for example returning to camp after boning out your downed elk that you shot in the last minutes of shooting light. The GPS gives you some confidence that you wouldn't otherwise have, I think, to get after it and focus on your hunting.
Of course, you want a back-up in case the GPS fails -- map and compass. Additionally, the GPS may not work well under forest canopy or under very heavy clouds/precipitation. There is no substitute for the benefits of remaining generally oriented to your landscape (my truck is downhill, on the road, if I walk downhill -- on the correct side of the ridge -- I have to hit the road and hence my truck is either up or down the road from where I intersect the road).
Additionally, the GPS can be very handy in marking a kill site or a water hole you want to return to later.
“You don’t need that” my loving wife stated flatly. Hovering near her, sporting goods catalog in hand, I tried to counter “But look Honey, it holds 2150 cubic inches of gear”, as I tried to give her my best loving look. “Nope, you do not need to carry more gear – you have several packs already… if one of them is not big enough, take two” she stated and then fell back to attacking her Sudoku puzzle. Sulking, I moved back to my side of the bed and continued thumbing through my...