Holy cow, VIctory Mike!! I've been using military grade GPSr's for 19 years and never had a more technical explanation
Accurate as heck, however.
To give the perspective of someone who has used both military and commercial.......
the ones i use at work (i am in the Navy) are accurate to 1 meter. my Oregon & Delorme, standing in the same spot at the same time are off by 10 meters (give or take a few feet). most military models don't have the viewscreen, so i had to do some math to figure my actual location (at the end of a pier in Norfolk, VA). the military model was the most accurate. it was also the hardest to use.
as for the question of signal lock, the electronics don't know if they are in a military GPS unit or not. the signal is the signal.
personally i use a commercial raytheon gps/radar/depthsounder at work. i operate harbor security craft used for protection of ships. the mil grade units are time intensive and require specific training on their use. the commercial units may lack the super-accuracy, but when the difference is only 50 ft or so and you are on the water, it doesn't matter that much.