Hi Paisatge,
From my own f0.95 experience, under the bright Mid Afternoon Singapore sun with wide-open...my 1/4000sec is max out and over...but i had not gotten my ND8 filter yet so i don't care and just squeeze off...but most often the photos came out only slightly over-expose.
The other alternative of course if that you stopped-down and compromise less DOF. ;p
The GF1 LCD is excellent excellent, however again if you are shooting under those bright mid afternoon sun, focusing with the LCD might be a little difficult though not possible. I would love to get a improved GF1 EVF once its available. I don't have a EVF now so i can't comment. Most of my shooting is done at night, indoor or non-midday timing (as i am usually hard at work in office during those times :/)
Hope it helps.
Post your shots soon!!!!