Fuji is recommending cropping as a method to ameliorate the limitations of a fixed lens in the GFX 100RF. That will affect dynamic range. I've calculated that, using BIll Claff's Photographic Dynamic Range measurements from the GFX 100S II.
Here it is:
The vertical axis is PDR in stops. The horizontal axis is ISO setting. The equivalent focal length for a 33x44mm sensor is shown for each line.
I will be happy to take questions and comments in this thread.
I would expect 70mm (2x from 35mm) to "cost" two stops of PDR instead of only one. When we compare FF with m43 PDRs (2x difference), we see a difference of two stops of PDR.
Where is my thinking wrong?
I now realize that my thinking was simplistic. It's not possible to compute the curves precisely without going back to the photon transfer curves and recalculating from there, which I'm too lazy to do at this point. So I've redone the curves with a heuristic that I derived from Bill's data.
Here's the modified formula:
The heuristic is 1.1. I also added a column for a focal length of 48mm, which gives the FF pixel height, and checked it against BIll's numbers.
I also changed the 60mm line to a 63mm line, to match the Fuji crop selection.
Here's the corrected graph.
I can't justify the heuristic on theoretical grounds, so take this with a grain of NaCl.
To deal with your question about the slopes, the SNR slope in read noise limited regions is different than that in the photon noise limited regions. PDR is affected by both kinds of noise.