Dynamic range should most definitely not be measured on a per pixel basis. One perfectly valid way of increasing DR is to build a sensor with a great many noisy pixels, which then get averaged when making a print. DXO properly corrects for pixel count in their DR measurements.
DXOMark does both, and that's very informative. Pixel size is a significant factor in DR capability. It's interesting that the pixel size of the Canon 5D2 is about the same as that of the old 20D and 30D cropped formats, and consequently noise and DR is about the same, at the pixel level. (They are in fact very slightly better in the 5D2 because the 5D2 is newer technology, but nothing to shout about at the pixel level.)
Why do we need to know that? Because, for owners of a 5D2, the cropped format 20D and 30D have no advantage with respect to increased equivalent focal length. A 400mm lens on a 30D becomes effectively a 640mm lens in 35mm terms. An image from a 5D2 with 400mm lens, which is cropped to the same FoV as the 30D shot, also becomes effectively 640mm, and will be qualitatively the same in all respects as the 30D shot. Probably marginally better by a degree one would never notice on a print.
If you didn't already know this fact, and wondered about it, then DXO provide the answer. If you are an owner of a 5D2, you would have very good reasons to sell your old 20D or 30D.
Cropping images is a wide practice, isn't it? I frequently crop images. Don't you?
I believe the reason why this 35mm DSLR versus MFDB debate is so interesting is because of the huge price increase of the MFDB for what seems to be a relatively small image quality increase, in tandem with clearly worse performance in other areas such as frame rate, high ISO performance and general flexibility of use.
Futhermore, that image quality increase appears to be only applicable at base ISO on really large prints, which leads me to deduce that the only reasons anyone could justify the purchase of an MFDB system is for prodution of 30"x40" prints or larger.
Correct me if I'm, wrong. I once thought I was wrong, but then found I was mistaken.