EXCERPT page containing first few paragraphs. 2017-03-25 00:58:27
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At ISO 320, the Leica M Monochrom has very low noise, but the true measure of useable dynamic range (exposure range) is whether detail remains workable when shadow areas are raised in brightness and/or highlights are brought within range.
A Leica MM DNG file that shows as blown-out in Adobe Camera RAW generally has some headroom available, due to built-in bias of the RAW converter. For this reason, the Leica MM histogram on the camera (a true RAW histogram) is a beautiful thing— one can know perfectly well how accurate the exposure is, at least with a little learning.
Shown below are the histograms for the example image. The exposure was made to preserve most of the highlights while maintaining maximum shadow detail. A small amount of highlight detail was lost on the chair, as the red warning clearly shows (camera was set to 1% and 99% clip values, which control the blue/red warnings— nicely done).
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Since 2009, Diglloyd Guide to Leica is the authoritative review and reference for Leica M lenses: Leica M, Zeiss ZM, Voigtlander, as well as Leica M digital bodies. Leica S is also included.
It includes hundreds of pages of exclusive coverage and high resolution Retina-grade examples covering Leica M-System lenses and digital bodies with in-depth performance comparisons and analysis.