Here's a video that your favorite Chicano Lawyer filmed and edited with the GH1 Hack. The color correction was quick and dirty.
Warning: there is nothing salacious or prurient in this bachelor party video. Don't let the "Bachelor Party" title fool you. It's seriously just a bunch of guys fishing.
My main points of interest were to see how the GH1's AVCHD and MJPEG formats cut together. I was surprised by the end results. I can't tell the difference between the 720 4:2:2 shots and 1080P AVCHD shots. I used Adobe Premiere Pro from CS5. That may have helped. If you haven't tried it, try it. It makes video editing like using Microsoft Word.
On an i7 64-bit system, there was absolutely no transcoding. I literally used the source files from the SD card and started editing right away. Zero wait time! Crazy, right? I added all kinds of effects and Adobe Premiere just took it like a man, and still played on my time-line while completely unrendered. I kid you not. And this is coming from a Final Cut Pro fan boy over ten years deep.
Anyway, let me know what you think.
Overall, it was a fun bachelor party considering the only fishing was quite literally for fish. But that's only because I was filming.