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On the Zoom H2 there are also three levels only (at the analog stage) and they are well chosen to cover most situations - the middle setting covers all 'normal' acoustic levels, the top setting is usually only required for amplified rock. Well, in reality there are only two as the lowest sensitivity setting has the same signal/noise ratio as the middle setting, so not much point in using it. That device does also have digital level control on a 1-127 scale, but there's not much point in using other than the no-gain setting of 100, as lowering digital level when the analog stage is already saturated is pointless.
With luck the GH2 settings will similarly cover most scenarios without overload or unretrievable underload. If so, you'd just need to get to know what the characteristics of each setting are and which therefore is most likely to cover the situation you're in.
Full analog level control on portable audio recording equipment is fairly rare these days, and I wouldn't expect a mostly-consumer-targetted video device to have it.