I just got the HD 2.1 camera few months ago and it seems like a very nice camera for the money!
A small question. When saving videos in H.264 format the output is 8-bits. According to the manual sensor is 12 bits. How is the conversion done? The whole 10^12 range is resampled for the 8-bit. I have been using a camera from another manufacturer where you can select lower, middle or upper range. Having a histogram with min-max limits would be really nice for adjusting the contrast. Or is everybody just using DNGs.
The conversion from raw sensor data to a finished RGB image is quite complex. The most relevant portion here is the color space conversion, specifically linear to sRGB conversion
The data that comes off the image sensor is 12-bit, but it's a linear representation, where the pixel value is directly proportionally to the amount of light hitting that pixel. Normal images on your PC (such as your H264 video, or a jpeg image) use a non-linear color space, sRGB is a typical one. This non-linear conversion stretches the dynamic range of the image sensor out near the black side of the image's dynamic range, and compresses it near highlight side, to better emulate how the human visual system has better sensitivity to changes in brightness at lower levels of intensity.
You can see more here:
https://en.wikipedia.org/wiki/SRGB#The_sRGB_transfer_function_(%22gamma%22)
Ultimately, what comes out of this is a lookup table that converts the 12-bit (0-4095) output from the image sensor to 8-bit (0-255) sRGB. The full table is attached, but the start and end are shown below. Note how that near the low end, the 8-bit sRGB output increases nearly as fast as the 12-bit linear input increases. Therefor, the full ADC range of the image sensor is utilized, albeit only near black. This is the most important part, near highlights, the effective "gain" of the linear to sRGB transfer function is low, so the loss of a lot of ADC range doesn't effect the image quality that much.
Input linear 0-4095 Output srgb 0-255
0 0
1 0
2 1
3 2
4 3
5 4
6 4
7 5
8 6
9 7
10 8
11 8
12 9
13 10
14 11
15 11
16 12
...
...
...
4039 253
4040 253
4041 253
4042 254
4043 254
4044 254
4045 254
4046 254
4047 254
4048 254
4049 254
4050 254
4051 254
4052 254
4053 254
4054 254
4055 254
4056 254
4057 254
4058 254
4059 254
4060 254
4061 254
4062 254
4063 254
4064 254
4065 254
4066 254
4067 254
4068 254
4069 254
4070 254
4071 254
4072 254
4073 254
4074 254
4075 254
4076 254
4077 254
4078 255
4079 255
4080 255
4081 255
4082 255
4083 255
4084 255
4085 255
4086 255
4087 255
4088 255
4089 255
4090 255
4091 255
4092 255
4093 255
4094 255
4095 255