Is this possible to connect my Android's GPS with my computer? I have a Samsung Galaxy Fit running Froyo.
If your computer has Bluetooth (most laptops do, and some wireless keyboards and mice connect through a bluetooth adaptor), then there are apps that will allow you to share your phone's GPS device to the PC as a bluetooth GPS adaptor.
See this previous question for some of them: Can I use the Nexus-S GPS as an external GPS for another device (via Bluetooth)?