At ISO 400 you can see significant color noise. You can also see how much better you can do by processing the image yourself with raw software. This is quick-and-dirty adjustment using Adobe Camera Raw, though not using the default settings.
(1/80 sec, f5.6, ISO 400, evaluative metering, AWB, Standard film mode, 14-42mm lens at 14mm)
Panasonic's Intelligent Resolution feature sharpens distant details that its image processing would normally render kind of smeary. I found it kind of hit-or-miss; in this shot the differences were pronounced, but in a few other series of shots I couldn't see much difference. The top photo is a normal shot; the bottom has IR on maximum. (1/200 sec, f8, ISO 100, spot meter, AWB, Standard film mode, 45-200mm lens at 200mm)
Like the G2, The G10's default settings produce pretty accurate colors. While several of the preset options do induce some color shifts--here, Smooth is more accurate than Standard, for example--they're not as egregious as those I've seen on many consumer dSLRs.
As with most EVF cameras, the ability to get any decent burst shots is a fluke. For instance, in this case, because I couldn't tell--or control--where it was focusing, it latched onto the squirrel's paws instead of its eyes.
(1/80 sec, f5.6, ISO 200, spot meter, AWB, Standard film mode, 45-200mm lens at 72mm)
Like many cameras, the G10 grabs a frame for a thumbnail to to with video clips. This one is pretty representative of the camera's video quality. It also shows the vignetting that occurs when using the lens (14-42mm) optimized for 4:3 aspect ratio to record at 16:9.