Q has:
a lesser cd (even if Gnar catches his Q, Mundo still has a lesser CD)
slows for 40% at rank 1 (Gnar's slow scales 15/20/25/30/35%)
it always chunks because it's % current health
It costs health, but half of it is refunded if you hit ANYTHING (yes this includes minions)
Q does have the advantage in that it goes through minions (dealing 50% reduced damage if it does so) and it actually scales with AD (although nobody actually builds AD on him)
But the slow isn't that bad
Personally from my experience, dodging Gnar Q is a lot more easier as well, but that's from my perspective playing against Gnar.
Now,
Q slow I don't like. If you get hit by 2 soldiers, that's a 50% slow, plus he gets to stab you in the butt for (usually) 20-40% of your max hp.