One of the things needed to get full IP routing working is to do channel switching over the sub-GHz connection. Both the FCC and ETSI regulations let you transmit at a higher power and with longer bursts if you switch channels with a regular interval and if you back off if you find other transmissions in your channel.
That said, TCP/IP routing over a sub-GHz CC1101 link isn't going to be very fast. It is suitable for automated devices but not a general purpose replacement for WiFi connectivity. For IEEE 802.15.4g-compliance, the raw bit rate is 50 kbit/s which isn't a lot. The CC1101 can be run in faster, non-802.15.4g compliant, modes though.