So a lot is being made of the difference in pixel density and sensor size between these two cams ... much fun is being had ... the lloydians are writing some wonderful fiction ... but ultimately, Don and others have correctly pointed out that SNR in an image maps much better to sensor size than to pixel density.
So let's look strictly at that ...
There are a few cameras that we can compare to get a feel for sensor size differences ...
The D300 and D3 were designed and built at the same time and use the same new generation of CMOS technologies ... so they make an excellent comparison.
The sensor size difference is 232% ... a 132% increase ...
So we have 1 and 1/3 stops of noise difference if amount of light is all that matters.
We can get an accurate measurement of the difference on DXOMark.com, where we find that the curves tend to track at an average of about 5 dB noise improvement, which is of course 1 and 2/3 stops improvement.
Now ... this is a cold hard number and there is really no escaping it.
I can capture a pretty clean image at 3200 ISO with the D300 ... and I can capture the same cleanliness at 10,000 ISO with the D3 / D700 ... and this is about right.
The D3s has improved that 1.5 stops again with very clever engineering. But that is a difference generation of sensors.
So ... the sensor size difference from f70 to f200 is 147% ... a 47% increase ...
So that's a half a stop ...
So when people scream "major IQ difference" ... well ... a half a stop really isn't that major ... especially if they have to crop a lot because of the loss of reach ...
So at 270mm, the two are
identical in IQ ... at 140mm, the F200 is a half stop ahead ...
Woopee ... I'm so (not) excited ...
If you look at the D300 against the S100fs (just for fun) you will find a 541% increase ... so 5 and 1.2 stops ... and that's just to the APS-C sensor ...
My point ... these tiny sensors are close enough to each other that the real difference is technology and jpeg engines ...
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