Merry Christmas
I didn't see it said this way in my skim of the thread, apologies if I'm just duplicating someone else...
Dynamic range is a rather ambiguous quantity. Bounding the high end is rather straightforward, sensor saturation, but the low end is not very definite. If one uses the straightforward definition of engineering dynamic range, the noise floor of a 1:1 signal-to-noise ratio is way less palatable than most folk will tolerate. So then, what number do you use? Bill Claff uses 1:20 in his photographic dynamic range charts, but whose to say that number is palatable for manufacturers to convey?
If a standards body took up the cause, that might be a basis for manufacturers to put out numbers that other manufacturers would use to compare, but I don't see them just picking a definition on their own, knowing that the others might game it for advertising "cred"...
Frankly, I like that Bill Claff just arbitrarily picked a number and then publishes charts for all the cameras for which he can acquire data. Not as an absolute measurement, but a very consistent one for
comparing cameras...