Yes - completely agree. The GF-1 was fantastic. The GF-2 dumbed down the interface to a touch screen for the point and shoot crowd and shaved off a few millimeters to compete with the Sony NEX. The GF-3 continues on in that same vein.
Its a pity that the numbering scheme didn't change. It implies that the new GF cameras are improvements on the GF-1 which they are not IMO.
When will people learn that you can't out-Sony Sony?