If I was not "onthe road", I'd run some low light tests under fixed lighting looking at full frame stepped gray chart and pull each of the channels (RGB) and look at each channel's noise levels. You could run this on ISO 160, 400, and 800 and compare all of the GH2 profiiles for noise levels. This may offer more info and be less subjective.
I already did that a long time ago with an unhacked GH2. Check out the actual Vimeo page for an explanation of what I did.
However, the paradox is that less noise equals more banding. Both excessive noise and banding are considered bad. So the trick, I guess, is to find the right balance, where both are acceptable. Intuitively, I agree with PaPa. I think 400 ISO is that sweet spot. It is most likely the true native ISO of the camera. 200, 400, 800 and 1600 are ISOs that use analog amplification of the signal. The worst ISOs for noise are the ones right above these, which have digital gain added to increase exposure. Avoid 250, 500, 1000. Anything above 1600 is just digital gain added to 1600.
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