Wow, this as turned into a good discussion. Thanks everyone for your input. To respond to some of the comments/questions...
I would prefer a zoom lens, but I haven't seen any at f/1.2 or f/1.4. The best I've seen is f/2 and that was pretty expensive. I figured I could get a few primes at f/1.2 or f/1.4 for when I really need better low light capability. The 24mm f/2.8 was a thought to get something wide and better with low light than the stock GH1 lens. I would definitely prefer an f/1.2 or f/1.4 over the f/2.8, but they're out of the budget range I'm trying to keep for this.
I think the Kit Lens will suffice for most people, especially if you plan on lighting.
[qupte]
The crop factor of the GH1 is definitely an issue. I don't like the distortion on those real wide lenses getting below 20mm. The 20mm lens is an option though. I usually don't shoot wide shots. I don't really shoot masters either. I may use a master-type shot to establish quickly, and maybe revisit within a scene as necessary, but typically stick to medium and close-up shots.[/quote]
It's definitely less an issue than what's being projected. Hunter Richards has the same math going. It's definitely not 2x in Video Mode. It's good for us!