If there was a demand, I'm sure they could stamp out a GPS switch for under a buck. But there more to it than that. There are many methods of switching, and now dimming and controlling leds. And even though the blink is too fast to see. There will still be a dimming when the switch is deployed. Most won't be effected, but others will be. And the switch will cause problems for some control methods.
The installation time and cost will far out weigh the GPS cost.
If one is sure they want this solution......then put the GPS right in the led at manufacture. Then it might be worth it. Or at least commonly applicable.