Originally Posted by
Graystar
But that's not related to the "levels" issue. The levels issue is related to the shadow end, where fewer and fewer bits are used to describe the luminance level. So on a 12-bit camera, when you get 10-stops down from the max signal level you only have 3 values to describe an entire EV of luminance. The ETTR theory is that you can improve that detail by increasing exposure (if possible, of course.) What I'm saying is that yes, the digital value from the photosite is limited to three values (1, 2, and 3) but the final values for the pixel will be calculated at a greater bit depth, and will obtain greater discrimination in detail through the influence of surrounding photosites. So it's not as bad as it seems.