I just took a great shot of an explosion where the initial amount of ISO was quite wrong (hard to judge before it actually explodes) but I managed to save a good chunk of it by manually going down very quickly. With the GH2 I would've gotten an unusable shot.
You would have in Shutter Priority with Auto ISO. I seriously doubt you can adjust the ISO manually faster than the camera can with Auto ISO. It is also a smooth transition with Auto ISO. It goes through each 1/3 of a stop instead of just stopping down instantly 5 stops.
Try it. You will like it.