Because I do not know what is the current state of the Java G1 Garbage Collector, I decided to try G1 with JDK6u20. Somehow I was disappointed because after a short moment of predictable GC performance, the entire VM stopped and some major collection was running. You can easily see that in the charts of that run. Right around 20:09:45, the threads were stopped and the entire VM behaved ugly.
So, the G1 is not yet ready for production, of course nobody stated that it is ready for production. If I read the release notes of JDK6u21 correctly, it delivers plenty of G1 changes, so I might try that soon.