I recently wrote this on another thread:
Let's go back to what one might assume were some of the hypotheses by Leica when they created the S system:
- DSLR format is compact and functional. The Hblad and P1 "digital backs" are reminiscent of the film days, and are not functional in a digital world
- Let's take MF out of the studio, through DSLR form factor and weather sealing
- MF gives a new dimension to photography, but 30*45mm will suffice for most
- Let's make the best OVF ever
- Chip design is more important than megapixels, 37,5 is a good compromise (50 is more, and the chosen format of the new Sony sensors, but can someone document the advantage, please?) - not excluding that S will be 50-60 mpix in its next version
- Optics is the real differentiator, let's make the best lenses for 30*45mm available
- Let's make lenses in the true Leica tradition: Top performance at open apertures, every S lens will be a "Noctilux" at full aperture
- Let's offer leaf shutter as a option built in to the lenses
- Let's open up towards other systems' and create bridges through adapters to other lenses
- <possibly more >
In my book, they were right on all assumptions. If you want to do 100 mpix and carry a P1, feel free, but swallow and justify the cost, and carry the load.
Not sure this is a "niche", in my opinion it is a great general-purpose MF system, with superb optics.
I agree that the S is a great camera but most of this is exaggerated, skewed or biased. Have you used other systems long term?
-Digital Backs ARE very functional in a digital world. This is silly to suggest otherwise.
-P1/Hass goes out of the studio just fine.
-30x45 is the smallest MF sensor, smaller when cropped to standard page sizes.
-Hasseblad OVF destroys the S. Much brighter, much bigger.
-No. Chip design AND megapixels makes the difference. Phase One 50,60,80,100 and Hasselblad 50c, 60, 100c all affirm this.
-The best lenses for 30x40, sure. But Leica is the only 30x40. To say they are the best medium format lenses across the board is untrue. They are very good, sure.
-No, not every lens is a Noctilux at full aperture. Even the 100-S f2 is not. It's f1.6 equivalent. Most others are f2 equiv.
-Leaf shutters are no built in to all lenses. The are optional and much more expensive. Phase One is more viable in this way. All blad lenses are leaf.
-Adaptability because of smaller flange distance is certainly a plus.
The S is a very good camera with exceptional image quality but it is behind in terms or resolution by a very long margin and it is yet to be seen if there will even be another S 008.