Systems and methods are disclosed herein to provide improved channel estimation in a wireless data communication system, including but not limited to Multiple Input Multiple Output (MIMO) communication systems. In accordance with one or more embodiments and aspects thereof, a channel estimation system is disclosed that utilizes data payload portions of received wireless packets to calculate estimates of the radio frequency (RF) channel traversed by these packets, and iteratively refines and improves these estimates by selectively utilizing successive received packets according to the application of certain metrics. Such a system may offer improved capabilities such as: more accurate signal reception, reduced bit error ratio, and better reception of short data packets.