I own the next model up, the JY-10U. From what I understand, it's not too dissimilar from the GR-HD1. The only real issue I've had is that it's not that great in low-light situations; I used to own a Sony PD150 that performed admirably in low light. The JVCs struggle with it.
Here's some screen caps:
This is in low light. As you can see, it's a bit grainy.
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