New Panasonic GH3 is a sham.

I am a GH1 user who up until yesterday was hoping to upgrade to GH3. I am not as emotional/upset as the OP, but I share his view - without the multi-aspect sensor the GH3 will be an unattractive buy for many people like me who need the flexibility of the multi-aspect sensor when shooting (stills or video, does not matter) at WIDE ANGLE. I hate shooting in 4:3 and I hate losing some of the wide angle by mechanical cropping down to 3:2 and especially 16:9. The GH series had this unique edge - it is now gone, and gone also is the interest of many prospective buyers.

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Here is my personal photo blog:
http://kirillqpr.blogspot.com/