1. A software-defined radio (SDR) system comprising: a reconfigurable baseband subsystem capable of supporting a plurality of wireless communication standards comprising: a first plurality of reconfigurable context-based operation instruction set processors, each of said first plurality of reconfigurable context-based operation instruction set processors comprising: a reconfigurable data path comprising a plurality of reconfigurable functional blocks; and a programmable finite state machine that controls said reconfigurable data path, wherein said programmable finite state machine is capable of executing a plurality of instructions associated with a particular function.