So after all the updates were installed and several days/weeks of testing, I find that trying to use the AC band with the SP3 is just not possible. The connection drops constantly. I switched to the wilress 'N' ssid on the same router (which has a different SSID name) and the experience has been pleasant. I have had to reboot the SP3 only once but I have had to switch the unit to airplane mode On/off about 3 times in order to reset the network card. Overall it is not as horrible as it was before all the updates were done and I find myself forgetting that there is a Wi-Fi issue with the device.
So my internet connection is 50 mbps download, as you know most websites can't deliver that speed, so the wireless 'N' is more than enough capable to deliver a steady connection even if the internet location can deliver the data at 50 mbps. I have no need for the wireless AC which only comes in handy when transferring large files between my computers and the SP3 inside the LAN. This rarely happens and when I have to, the throughput is not that bad at 100-200 mbps for the occasional internal transfer using the Wireless 'N' connection.
Granted, it would be nice to have the SP3 use the wireless AC of course, *ALL* my other devices connect the AC ssid without ANY issues so I am still very confused on why Microsoft can't get this to work right when every other company has released products without these issues.
But for consuming internet content, I would suggest only use the wireless 'N' connection and if you find yourself having a problem still, use the Wireless 'G' connection, that still delivers the data at about 50 mbps which is still faster than any 'normal' internet connection. I say 'normal' because I am not one of the lucky ones with blazing fast internet connections. Most of where I connect to the internet maxes out at 50 mbps and goes as low as 1 mpbs.
So far after the updates I have not had any data throughput issues where the download or upload speed drops to the point that it drops the connection. That problem has been resolved at least for me.