It's my decidedly uninformed opinion that this $8 V.KEL module "doesn't suck".
Specifically I mean by looking at what's on the board compared to the hardware integration manual
https://www.olimex.com/Products/Modules/GPS/MOD-GPS/resources/UBX-G7020_HardwareIntegrationManual_-GPS.G7-HW-10003-_Confidential.pdf..there's a number of things in there which are more expensive than the "Cost optimized circuit" reference design; specifically
(absurdly large pic of the antenna input circuitry here
)
a) External LNA and what I assume is a SAW filter
b) TCXO - couldn't identify the brand but looking at the use of only XTAL_I pins it's not a regular xtal, they don't seem to be using the LDO_X_OUT internal LDO though, looks like a nonpopulated stuffing option and they're using the inductor near the marking "G" to filter some other power supply, probably the 3v3 LDO on the board)
c) Has an RTC xtal (as opposed to not having one)
d) Has 512KB SPI flash which isn't required, and
e) some sort of supercap for battery backup
f) the DC-DC converter option is in use (w/inductor etc),
looks like it wouldn't be hard to switch it to USB not UART by populating a couple of 0402's that have pads on there.
Don't know what the performance is like in absolute terms but I was surprised that they didn't cut half as many corners as they could have, given that it's very nearly the cheapest GPS module out there.