Okay, now we'll go further into this. is it "even in theory possible"? Yes, it's possible. Reel-Stream did this kind of thing with the Andromeda.
Will it happen? No it will not happen. Nobody's going to go hacking apart a $900 still camera to attach custom-made hardware directly to the chip.
If you want 1080/50p and/or 1080/60p, you'd be infinitely better off getting a camera that supports it, such as the TM700 or the AF100 (which doesn't direclty support 1080/50p playback, but can be made to do so).
Thanks for the info. I was using the GH1 hack's ability to remove the interlace wrapper as a reference and was thinking something similar could be done with the GH2. I wasn't thinking that it would require extra hardware. I guess I'll just have to follow the market for now.