I saw an enormous 35mm B&W portrait print made with giga film 25iso if I remember, impressive! I mean, impressive.
That would be nice a 25 iso in digital, definitely.
There is a big confusion here due to the fact that what people usually mean by the ISO speed of a sensor is very different than what is meant by the ISO speed of a film: sensor base ISO speed is a lower exposure index limit based on highlight handling, while film ISO speed is an upper exposure index limit based on a standard of adequate shadow to midtone handling.
Roughly, the ISO speed of a film is the
highest exposure index (least amount of exposure) that the film needs to meet some standard of shadow handling four stops below the mid-tones: a
shadow based upper limit on exposure level. Films also have another, lower exposure index which is the minimum to which the film can be "pulled" while still handling highlights sufficiently: a
highlight based lower limit on exposure level.The base ISO of a sensor is like this latter "pull processing limit": the lowest ISO setting that handles
highlights adequately (up to about 3 stops above mid-tones). On the other hand, the "film ISO speed equivalent" of a DSLR sensor, the maximum at which
shadows are "adequately" handled, is usually far higher: maybe 1600 to 3200 or even beyond for current SLR sensors. This higher "shadow based" figure, not the base or minimum safe ISO speed, is the natural counterpart of the ISO speed rating of a film, so modern DLSR sensors are really like about ISO 1600 film that can be pull processed down to about ISO 100 to 200 before the highlights get blown too much by over-full photosites. (And if a DSLR is used at this "film ISO like" exposure level, highlight handling can be a lot better than it is when the emphasis is on gathering as much light as possible to control shadow noise, in ETTR fashion --- a somewhat neglected trade-off!)
With low speed films, finer grain and higher resolution is achieved in a way that reduces the "shadow based" ISO speed. The digital equivalent is reducing pixel size which again reduces the maximum noise-limited ISO speed --- but this does not reduce the base ISO speed. Most causes of lower base ISO involve "wasting light", such as with ND filters or omitting micro-lenses or just the plain less efficient technologies of older sensors. Such routes to lower base ISO speed are more or less unrelated to improved resolution, so there is very little interest in doing it with sensors. There are a few better options, like
(a.) increasing well capacity at equal pixel spacing, such as with deeper photosites, and maybe with full frame type CCD vs active pixel CMOS sensors.
(b.) a mix of highlight and shadow photosites such as in some of Fujifilm's Super CCD sensors, which is like having tiny ND filters over half of the photosites. Gone from the SLR market though.
I agree that this is yet another advantage of Live View: allowing ND filter use without dimming the VF image. An alternative is an internal ND filter near the sensor, not in the light path of the OVF. Another alternative is a rangefinder VF, or any non-SLR VF. Some compact digicams have ND filters that are rotated in front of the sensor to simulate high f-stops, and which do not effect the brightness of the image in either the EVF or the optical non-SLR viewfinder. They do this instead of stopping down too far, to avoid excessive diffraction effects. That is, the f/16 on some digicams is really f/8 with two stops of ND filter.