Why are the leaked G2 specs creating a downer?

Why are the leaked G2 specs creating a downer? I've been considering the new T2i as it seems to offer a lot on a compact package. My main alternate choice is a Panasonic. I looked at the G1 and liked the form, but wanted video also. I tried the Gh2 and I liked it but the cost is too high. The leaked G2 seems like it night be a good option, but many people seem to be put off by the leaked specs. As a potential first time Four Thirds buyer what should I consider in contrast to the T2I?
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