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This link - http://www.howitookit.com/wp-content/uploads/2009/07/crop_factor.jpg - shows the 2x crop factor of the GH1's micro 4/3 senser in relation to the standard 35mm frame. Take this into consideration when buying lenses!
Also remember that you can obviate some of the crop by standing further away from your subject. But in that case your subject will appear further away (smaller).
However, other than establishing shots (shots that show the general area where something is taking place), much of the work in video is done close up where the crop factor is not so important.
Still, it is something that you need to be aware of.