With the native programs on the device it is not a feature of the phone. I did go ahead and download gmaps(google maps) from the Market and the only way I was able to obtain latitude and longitude is by enabling google latitude and then clicking on the box on the map
It will show ther coordinated for where you are and if you have any friends on latitude as well.
I am not sure if there any other apps that will show you such information.
Thank you so much for posting