I am very curious.
I have business tables. Now I think I will have to create a separate table, location table. That separate table should be myisam.
But why would I do so?
Why can't innodb store points?
Because R-Trees are not B-Trees:
For MyISAM tables, SPATIAL INDEX creates an R-tree index. For storage engines that support nonspatial indexing of spatial columns, the engine creates a B-tree index. A B-tree index on spatial values will be useful for exact-value lookups, but not for range scans.
Adding a completely different storage structure for InnoDb is significant effort (much more than for MyISAM due to locking and recovery).
Actually, it can. But it doesn't support spatial indices on them, yet. See the official Mysql docs Limits on InnoDB Tables:
InnoDB tables do not support spatial data types before MySQL 5.0.16. As of 5.0.16, InnoDB supports spatial data types, but not indexes on them.