>>4252055too busy thinking they were flexing their camera by posting noise reduced jpegs to think about taking a good photo. the softness might be from EFCS, or just the typical low quality of panasonic-"leica" lenses vs supreme glass like voigtlander, zeiss otus, actual leica lenses, etc.
its literally an iso test shot as if we don't know equivalence exists, what heavy NR looks like, or that it hasn't been stated a million times that at the same aperture and shutter speed, panasonic and olympus are a stop too dark, fuji cameras take photos that are1/2 stop too dark, canon and sony take photos that are between 1/2 and 1/3 stop too dark, etc
pic related is normalized against a reference camera so everyone is using the same sensitivity (all 4 sensors are ISO invariant at this gain stage, dpreview uses identical exposure settings as labeled instead of saturating for the sensitivity) demonstrating how it works, and why FF and M43 have similar IQ if you stop your lens down to match crop sensor DOF and raise your ISO instead of lowering the shutter speed
And his pic demonstrates why in real life you have a lot of shutter speed to spare so equivalence is a nothingburger. For stills.
But not in video. Shutter speed is locked in in video. Hence, M43 for video, where you need the DOF and shutter speed can't change, so you're only beating equivalence by making focus pulling a cunt. Footage is oversampled anyways so noise reduces by 1 stop at 50% size and 2 stops at 25% size, and nobody frame peeps video quality, so it's good enough.
if you ETTR (saturate as many photosites as possible before blowout, and then lower exposure in post) you will actually get even less noise still, but you can widen apertures and slow shutters on any camera.