ok, let's go there!
Let's install a 200A simple meter, GRC down JB in thru sill plate, beat a #4 cu solid thru it( just to be difficult) bonding bushings at both pipe ends. GEC enters panel , has to bond at the pipe end entering, make to the term strip the MBJ is at, then exit the panel ( not sure how to bond there?) and down to G-rods, onto h20 pipe.
i'm thinking this may be nec compliant,yet electrically flawed in the nec's intent for a GEC