Yes, this could give a higher positional resolution to the data points but it is very unlikely that this will result in a significantly better map. Firstly, your GPS positional accuracy would need to be significantly better than the 1m resolution you can already get from your Lowrance, so you'd need to running an RTK GPS system, and secondly there are many other factors during map making (cone angle, interpolation effects, grid resolution used during map generation etc) that would likely render any marginal improvement in the accuracy of individual data points rather moot.
Sidescan mosaics are slightly different, where precise position and heading can make a significant improvement but this wouldn't be possible using the method you suggest.