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Goodempire - see if the timing is consistent - I rememember the Gh1 hack, it would still read the same time a 16gb card would handle, but I noticed it counted the seconds/minutes faster in higher detailed scenes.
This is still a problem at even relatively low (30mbps) bit rates with the hack. I'm not bothering with the GH2 AVCHD until this issue is solved. Try IPowell's 100mbps 1080p MJPEG settings in the meanwhile...nice image quality and very stable.
Are you really going to miss the first 1/2 second of recording. That's probably not far from the reaction time to hit record in the first place. If so, either wait for this to be addressed, or remove the hack.