The qualified yes is that I have to shoot jpgs. to get the noise levels reasonable. I could use raw but Panasonic have worked on it longer than I have and I found it difficult to get anything as good. The noise reduction applied though is a bit haphazard. Sometimes it seems to see fine detail as noise and sometimes leaves noisy shadow areas untouched. But overall I think its actually very good. I shoot 'for real' in low light hand-held so rarely so I'm not used to assessing this, so I'm very pleased.
However, I would get better results using my Fuji X-E1 wouldn't I? Well so I thought, but here's an interesting comparison. I shot the same thing using my X-E1 and G6. Both with the Nikon 28mm lens. I used a passive adapter on the Fuji and my Speed Booster on the Panasonic. I selected 1/60th. sec. as my shutter speed, since that is the lowest I feel I can safely hand hold the lens, and let the cameras work out the shutter speed. The G6 selected ISO 1600 and the Fuji ISO 4000, though it did produce a slightly brighter image. Due to the differences in metering I guess. Results are below.
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