Note that this "upgrade" is not of much use to G1 owners who are not replacing their current 14-45 zoom and are not intending to use the Elmarit; and what is "improved modulation of flash" anyway? And the cost to upgrade from 1.0 to 1.2 is loss of the ability to use non-Panasonic replacement batteries.
That said, Eddy Kilowatt is right in pointing out that a flipping mirror is an artifact of the film age, when there was no alternative to getting the mirror out of the way (or using a dust-prone semi-silvered mirror) to focus. And the mirror system must also be aligned so that what's in focus in the optical VF is actually in focus on the sensor. All that mechanical engineering, noise, grease, whatever, is bound to disappear as soon as more people get used to focusing on the EVF.
I use the 14-45 zoom and 75mm and 90mm Leica-mount lenses on the G-1 and find them very easy to focus accurately using the EVF, often using the X10 mode. The Leica lenses are much faster than the Panasonic alternatives in the equivalent focal lengths. Although they do require manual focusing, it's pretty easy to manually focus a 150mm or 180mm equivalent f:2 lens even without electronic magnification.
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Note that this "upgrade" is not of much use to G1 owners who are not replacing their current 14-45 zoom and are not intending to use the Elmarit; and what is "improved modulation of flash" anyway? And the cost to upgrade from 1.0 to 1.2 is loss of the ability to use non-Panasonic replacement batteries.
That said, Eddy Kilowatt is right in pointing out that a flipping mirror is an artifact of the film age, when there was no alternative to getting the mirror out of the way (or using a dust-prone semi-silvered mirror) to focus. And the mirror system must also be aligned so that what's in focus in the optical VF is actually in focus on the sensor. All that mechanical engineering, noise, grease, whatever, is bound to disappear as soon as more people get used to focusing on the EVF.
I use the 14-45 zoom and 75mm and 90mm Leica-mount lenses on the G-1 and find them very easy to focus accurately using the EVF, often using the X10 mode. The Leica lenses are much faster than the Panasonic alternatives in the equivalent focal lengths. Although they do require manual focusing, it's pretty easy to manually focus a 150mm or 180mm equivalent f:2 lens even without electronic magnification.