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The list being referred to in the List Grid view may have dozens of fields and some may be multiline texts. Is there a way, either by specifying a view on the list or customizing the CAML, to return only some of the fields into the view?
If you watched this video
[List Grid View Video] you will see that you can select what list’s columns you want to be in the Grid View and in the search dialog as well, the CAML query is for filtering the returned data only so you will not have to deal with thousands of items while you just need to deal with couple of dozens and it is (optional).
The bottom line “you can customize both the columns and the items as well”