I sure would like to know for a given situation which settings would give me minimum noise!
If I have a choice for a longer exposure but at a lower ISO where is my minimum noise?
When I lose an (or all) engines in an airplane, the flight management computer calculates an optimum airspeed to maximize my drift down distance.
Why can't my camera (or chart) calculate my optimum settings for minimum noise? I know ISO 100 for daytime shots, but in low light where am I better off? 1/2 sec @ISO 200 or 1/8 sec @ ISO 800? I would like to see some sort of "Minimum Noise Curve" say ISO vs. exposure time?
Marc
The basic rule of thumb in most situations is
1) Choose the minimum aperture for the required depth of field.
2) Choose the minimum shutter speed required to freeze the action, prevent camera shake, etc.
3) Choose the ISO such that the histogram is pushed to the right as much as possible while keeping the highlights that you want to preserve unclipped.
There is one major exception to this rule of thumb, when item (3) suggests an ISO higher than about 1600. In this case, one is usually better off underexposing at ISO 1600 at the aperture and shutter speed suggested by (1) and (2), since there is little to no improvement in S/N above ISO on most current cameras. The threshold for making such a decision varies from camera model to camera model; for the 5D2, which has a lot of high ISO banding, it may make sense to continue raising the ISO to 3200 in step (3), since it lowers the banding noise relative to signal, while for the new Sony sensors such as in the D300 and D3x, the benefits of raising the ISO tail off somewhere between ISO 800 and 1600.
There are also a few footnotes to the above, such as the fact that there is almost nothing to be gained from using "intermediate" ISO's (the 1/3 stops in between ISO 100/200/400/800/1600 etc).