For starters the GH2 was mostly unavailable throughout it's release, but has anyone noticed that the Panasonic GH2 prices have recently ridiculously inflated again? It's been brought back to life with the recent news of a firmware hack mod that will unlock some new features, but also unlock some crazy video bitrates as well. Testing different features so far looks very promising and since hardware wise it's superior to previous Panasonic's, this should bring out quality from a Micro Four Thirds never seen before. If you've already picked up a GH2, it's just a matter of waiting while the firmware is fine tuned, but if you're looking to jump on the bandwagon some average pricing can be found at the auctions (click here).
While there are some Panasonic GH2 cameras available at current rip-off prices, the older GH1 is stepping back into the spotlight. Previous GH1 cameras with older firmware could be hacked into what was called the GH13 or GH1.3. The hacks provided more features than the standard GH1, which included higher video bitrates and additional framerates. After a certain firmware version, later sold GH1 cameras were considered 'unhackable' and this was discouraging. Well just a few days ago the hacking geniuses finally got things going again, and now state that all GH1 cameras can be 'hacked' along with some other models like the G1, GF1, and G2.
The great thing about the MFT cameras are that you can adapt pretty much any lens to it. The GH1 is even a great 'stills' camera for the budding photographer. So if you're looking for a Micro Four Thirds camera body that can capture high quality video and photos, you might want to re-consider the older discontinued GH1s while there are still some in stock at these discounted prices.
On a side note there really isn't good deals on the GF1. If you're a smaller rangefinder sized camera type of person, the GF2 which has a faster processor is also in stock with a $100 dollar instant savings found here:
Panasonic GF2 with 14-42mm
If you were as caught up in Canon HDSLR world as I have been, you might have missed the hacks going on with the Panasonic GH1 HDSLR . Originally introduced with very low bit rate video quality, I didn't think it had a chance to compete with the Canon 5D Mark II. Others believed in the unit and created hacks on the firmware. Apparently the hardware is capable of much more, with a recent hack that puts the video capture bitrate over the Canon 5D Mark II. I'm not going to get into details, but I'm betting Panasonic is staying quiet allowing 'others' to develop freely for them while they sit back and learn some new tricks. They are probably right on top of all these firmware hacks, testing it out, taking in a thing or two, and planning on releasing a killer HDSLR soon thanks to some clever DSLR video hackers. Check out the original article for more information.