To my knowledge, no one has been able to produce a reliable 1920x1080 MJPEG patch. See this thread for more info:Do you know what the highest frame rate is, then, that will handle full 1920x1080 MJPEG frames?
http://www.dvxuser.com/V6/showthread.php?215785-100-Quality-Factor-MJpeg-Settings-%28very-low-compression-class-10-required!%29
This patch converts the AVCHD 1280x720 modes from 50/60 fps to 25/30 fps. On the GF1 and G2, it simply repackages the native 25/30 fps video stream inside a true 25p/30p MTS file. On the GH1, this patch actually cuts the sensor scanning rate in half, from 50/60 fps down to 25/30p.(How) do the frame rate halving settings, 60->30 and 50->25, affect any of the AVCHD and MJPEG hacks?
I use the 720p 25/30 fps patch in my Fast Action 3-Frame GOP Patch to produce videos with 10 key-frames per second. This makes it useful for recording complex motion that compresses poorly with a long-GOP codec. More info on this patch here:
50Mbps AVCHD Fast Action 3-Frame GOP Patch