Hi Cris,
This would great!! GPS microchiping is not possible, not at this time anyway. You might be able to rig up neck collars or leg collars but these are bulky, plus you will im sure have issues with keeping the equipment dry and water tight, also power supply would be a problem (it would be a pain to have to change batteries) 
I recall Adam Britton doing some work years back, where he was using GPS neck collars to trace movements of problem crocodiles, as I recall these were pretty big/bulky units.
There is a company called VeriChip that is working on GPS chips but the problem they are having is supplying a lasting power supply and long range antenna reception.
Hey, on another note ... I saw the picture of you on that baseball training field, LOL. There is some talk of South FL caiman "expedition" in a month or 2, can do that in the day and check out South Beach at night. Email me .....
