I will chip in something I think is worth considering/remembering--

After 1.c4 g6 2.Nc3 Bg7 3.g3 Nf6 4.Bg2 0-0 5.e4 e5 6.Nge2 d6 7.d4 exd4 

After this move by Black, there is no independent value to this line.  We are back in the normal fianchetto variation.  Black has options here:  utilize the Gallagher system, for example look at the game below--

[Event "BIH-chT"]
[Site "Neum"]
[Date "2002.06.02"]
[Round "5"]
[White "Cekro,Ekrem"]
[Black "Loncar,Robert"]
[Result "1/2"]
[Eco "E68"]

1.c4 g6 2.Nc3 Bg7 3.g3 Nf6 4.Bg2 0-0 5.e4 e5 6.Nge2 d6 7.d4 exd4 8.Nxd4 Nbd7 
9.0-0 Re8 10.h3 a6 11.Re1 Rb8 12.b3 Nc5 

Here---  12... c5 and 12... Qe7 are other significant and reliable alternatives

13.Bb2 Bd7 14.Qd2 b5 15.cxb5 axb5 16.b4 Ne6 
17.Nb3 h6 18.Kh2 Qc8 19.f4 c5 20.bxc5 Nxc5 21.Rac1 b4 22.Nd5 Nxd5 23.Bxg7 Kxg7 24.Qxd5   
1/2

Or he can use--

1.c4 g6 2.Nc3 Bg7 3.g3 Nf6 4.Bg2 0-0 5.e4 e5 6.Nge2 d6 7.d4 exd4

8.Nxd4  Nc6 is another classic (or well known) line of the Fianchetto variation.

I hadnt heard of this variation till i checked this thread. Is Pomar a decent player to look at?

Photophore, 

I remember reading something about this recently by accident in a game collection somewhere.  I'll try and find out more for you, but my memory is that it's not supposed to give Black any major problems.