I will never disable 5ghz. I have no choice in my area. 2.4ghz is overcrowd with over 70 AP networks that it is basically unusable and I rather use my T-Mobile LTE network then. Still being able to disable 2.4ghz on Android was good as it helped a bit with the battery which now you can't do thanks to Google what I have to root for to do that now. Really.
I was similar, trying to figure out why there was a bunch of "radio" use killing my 6P (relatively new, only had it maybe 6 weeks before going to N), after the upgrade.
Turned out to be Bluetooth, it was really obvious. I read about some users noticing it over on the Google support forums, so I disabled mine, when I wasn't using it.
Completely different phone on 7.0, went from a few hours having a HUGE drain, to being close to MM levels, probably the same really, given the length of time I had it on MM, it's hard to say exactly how close it is, battery use being so hard to normalize with regular use.
I also use 5G, almost 100% of the time it's available, I'm pushing 867 at home on most of my devices, I have a couple of pro-sumer APs, so my throughput is more limited by my 100/100 fiber than anything.
It's a hassle, but it's worth it, I just disable when I'm not using BT audio or similar. It's a bummer too, because I mostly had to do this on WinPhone, from the start, to avoid battery issues, but on my 6P and MM, I was pretty psyched, I just left it enabled, hopped into the car, turned on the headset, whatever, it all "just worked", and I got addicted, for those 6 weeks ;-]