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I had a GRD IV for the bigger part of a year before I sold it due to not much use next to my 6D and film cameras.
Got it thinking I would use it for street stuff, cycling pics and general walk around camera as it nice and compact.Used it lots in the beginning when I got it, but carrying too much stuff around was tedious. As I also have my iPhone with me at all times, mostly turn to that for on the go shooting. Lack of viewfinder also got to me.
Great machine nonetheless, love the 28mm focal length (use a 28mm f1.8 on my 6D all the time) and the phase detection pre-AF thing was cool. Can't really compare the GRD IV with the new GR tho.
And can't really remember what my point was exactly.
Pretty sure the GR is my next purchase... once I sell my X20. need something more compact for jersey pocket, as you say.