Consumer GPS is still disabled at high speeds. I would argue the analogy doesn't carry due to harm and error rate differences.
Worse than that, it's 20th century radio technology in the 21st century when everyone has access to FPGAs and SDR.
The number of innocent people with model rockets or similar being negatively impacted by that rule is infinitely larger than the number of adversaries because the number of adversaries being impaired by it is zero.