meh, nobody else of the 30 odd million people seem to of picked up on the fact that it could pose a security risk, so i think i will follow them as well..
I have reset my location warnings and made sure to not allow my camera to do this anymore. As all I had to do was download "ExifTool" and "ExifToolGUI" and click on any of my iphone photos and it gave me the exact latitude and longitude coordinates that I just had to put into google maps to find where the picture was taken within 5 meters.