Sony a7RII ISO Invariance, should you underexpose, or use high ISO?
My answer: Best option is neither. Use as low an ISO as possible coupled with the use of a tripod, a wide aperture, and a long exposure.
When that is not possible, then use a higher ISO and “expose to the right”.
Never underexpose, unless to accommodate highlights.
Why?
Camera pixels have a characteristic called the “Full Well Capacity”, i.e. the maximum number of electrons the pixel can hold without saturating or “blooming” (spilling electrons out to adjacent pixels). See
http://www.clarkvision.com/articles/digital.sensor.performance.summary/for an excellent explanation.
I do not know exactly how the analog-to-digital conversion (ADC) is implemented in the Sony A7RII, but I have designed sensor interfaces in CCD cameras and I suspect the general principles are the same. That is, the analog voltage from each pixel, that is proportional to the number of electrons in that pixel after exposure, is fed to an “Analog Front End (AFE)”. The first function in the AFE is a “Sample and Hold”. That is followed by a Variable Gain Amplifier, which is followed by an Analog-to-Digital-Converter. The gain (amount of amplification) of the variable Gain Amplifier corresponds to the ISO setting. For a weak signal (low light) it amplifies the signal a lot to match the voltage range of the ADC. For a strong signal (strong light), the gain is set to a low value (low ISO) so that the ADC is not overloaded.
What will happen if you deliberately underexpose?
The gain of the Variable Gain Amplifier will be set to a low value, and the voltage going to the ADC will be very low.
For a 5-stop underexposure, you will only be using 1/32 of the range of the ADC.
In other words, you will only be using 9 bits of a 14-bit A to D converter, and you will be multiplying the Quantizing Noise by a factor of 32.
Compare Fig #2 withe Fig #4 in Michael’s article. To my eyes this extra noise in Fig #4 is very obvious.