I wrote this script for the purpose. Note that:
0) Just a quick hack but works quite well
1) You have to keep the button pressed for at least 1s
2) The Ready LED keeps blinking when wlan is on
3) If you don't have the bash, !#/bin/sh works as well
	Code:
	#!/opt/bin/bash
on=1
if wl radio | grep 1 &> /dev/null
then
        radio=off
else
        radio=on
fi
while true
do
        if [ $radio = "on" ]
        then
                echo "direction=out" > /proc/miscio/gpio_1_config
                echo $on > /proc/miscio/gpio_1
                if [ $on = 1 ]
                then
                        on=0
                else
                        on=1
                fi
        fi
        if grep 1 /proc/miscio/gpio_6 &> /dev/null
        then
                if wl radio | grep 1 &> /dev/null
                then
                        wl radio on
                        radio=on
                else
                        wl radio off
                        echo "direction=out" > /proc/miscio/gpio_1_config
                        echo "0" > /proc/miscio/gpio_1
                        radio=off
                fi
        fi
        sleep 1
done
 
--milky