G1 still fragments and does long compacting stop the world GCs. G1 pause times are still too long. G1 still doesn't have enough throughput.

It's bad enough that people who care aren't using G1 yet. They still use CMS and small heaps and are careful to prevent promotion and fragmentation.

You basically end up benefiting from GC for short lived allocations, but pay dearly for using Java when managing state the collector can't handle.

I have not closely reviewed this benchmark but this was one person's experience http://blog.mgm-tp.com/2013/12/benchmarking-g1-and-other-jav...