If I quote the actual length I get corrected with the equivalents. If I quote the equivalents I get corrected with the actuals. I get it.
Can't win, I know. So try going by context: if you're talking FOV, it might make sense to use 35mm equivalent. For this purpose, it doesn't.
2. It doesn't have a constant max aperture in that zoom range, it has a constant max f-number. That's also important -- if it had a constant max aperture, the f-number at the long end of the zoom would be much higher -- like most superzooms.
The f-number is given by the ratio of the focal length and aperture (technically the entrance pupil). Working back the entrance pupil of the lens at 108mm is a bit over 38mm. At the short end it's much smaller than that (at 4.5mm the entrance pupil is only 1.6mm), but that's easily managed.
You lost me here. You're saying that f2.8 at the long end is less light than f2.8 at the short end? If that were true wouldn't (let's say the camera is in aperture priority) the meter in the camera be reducing the shutter speed as the lens zoomed? But I see the same aperture. shutter and ISO throughout the zoom range. So, sorry but I don't get it. I would appreciate your time in taking another crack at that explanation - maybe I'm misunderstanding something really big.
You lost me here. I'm saying that an entrance pupil that gives f/2.8 at 108mmis a lot larger than one that gives f/2.8 at 4.5mm. The ratio (the f-number) is the same in both cases.
Here's the crux of the original question. ALL the reviewers of the FZ200 lens say its groundbreaking. DPR used the terms "veritable engineering coup" and "defy the laws of physics". It certainly doesn't seem to be just a 'make it a little bigger' thing as compared to others in its class. This is what I'm trying to understand.
AIUI this is the only constant f/2.8 25x superzoom. If that's true it would definitely be unprecedented and "engineering coup" might well be a fair way to put it. As for "defy the laws of physics" -- maybe it would be better if the DPR reviewer explained that to you. Because I can't.
I get the issue of big(ger) sensor = much bigger lens for same zoom capability. This is why I own a superzoom. Is it also true that for a DSLR zoom lens the faster it is, the bigger it is? Is there such a thing as a DSLR lens with a constant f across the zoom range? I know there's no other superzooms that do that. Why not?
Sure, but they're over much smaller zoom ranges (70-200, 17-50, etc). I can't think of anything like a 25x superzoom in this form factor, constant f-number or not. The only thing I can think of to approach that would be the various 18-270s. Those aren't constant f-number though.
Why no superzooms comes down to size, whether constant f-number or not. It's basically the same reason why most people don't use medium format for wildlife or birding: to get a sufficiently narrow FOV the lenses would be immense.
Here's a concrete example: to get 600mm at f/2.8 you need an entrance pupil of 214mm. The only 35mm lens I know with a refractive element that large is the Nikkor 1200-1700 zoom from the 90s. That one is 88cm long and weighs 16kg. You can see it in action here:
http://blogs.reuters.com/photographers-blog/2007/07/18/unleashing-the-beast/
Details about the lens can be found here:
http://www.mir.com.my/rb/photography/companies/nikon/nikkoresources/zoomsMF/12001700mm.htm
Now maybe current technology can take a couple kg and a few cm off that today, but 1) it's a 1.4x zoom, not a 25x; and 2) it's not constant f-number. A constant f-number (if it's reasonably fast) 25x superzoom would be ... well, I thought I was only kidding about that rhino...
BTW, there is a fast MF supertelephoto, the Zeiss 1700mm f/4. A mere 256 kg in weight, it dwarfs the big Nikkor. But it's not even a 1.4x zoom! See it here:
http://www.dpreview.com/news/2006/10/1/zeiss1700f4