I think it did well, for a low light level colour shot I would be happy with the result. This is an area when a larger sensor would do a bit better. Tonight I did some fairground shots with the GRD2. The camera handled the mix of light and contrast well and I had far more good shots from it than I did from my DSLR with its limited DOF.
Thanks for your comment Rob!The camera did a very good job and I am quite pleased with the colors, the only thing distracting is the banding issue on the GRD III.