quick question, would this work?

I think the 3.3volt pin just lacks the buffer caps to power a transmitter that uses high current pulses.

I frequently power an ESP8266 module (80mA) from an Uno clone (150mA) to flash, but you DO need a (>=470uF) buffercap on that power line. Because the ESP draws ~400mA during the short transmit pulses.
Leo..