Another little update. I wanted to control and fine tune the magnification so I can fill the sensor (in my case, OM-D in high-res mode in 3:2 ratio) with the frame plus tiny bit of film borders. With My EL-Nikkor 50/2.8 and stock BEOON tubes, I was getting either too high or low magnification to achieve this.
I just received a bunch of M39 extension tubes from Ukraine and played with it.
Beyond the actual focal length of the taking lens you use (they aren't exactly 50mm), you need to factor in the film gate size of the camera you took the picture with, as well the lens used. For example, modern M with 50mm will give you relatively small image while a Barnack Leica with Super-Angulon 21/4 will give you quite a bit larger image (can we call that medium format now?? j/k).
Samples below were scanned with BEOON, OM-D E-M5 MkII, EL-Nikkor 50/2.8, and a stack of extension tubes. Photos were inverted then auto tone applied in Lightroom.
This photo was shot with IIIf and Super-Angulon 21/4. Wider film gate and more light going around the film gate due to SA's optical design. You can see the neighboring frames are right up there. For most regular lenses, my IIIf has quite decent frame spacing.
Now, here is a photo I took with modern MP and Elmar-M 50/2.8 in 2010. It's got narrower modern film gate opening and normal lens image projection. I used the exact same combination of extension tubes as the 1st SA shot. You can see how much of extra space you'd get.
And finally, I added a very thin extension ring (came with EL-Nikkor) to the previous setup to get a tiny bit of magnification boost. This is probably what I'd like for my M cameras. With a bit of practice, I'm sure framing will be very quick and relatively accurate as you'll be seeing bright thin frame all around the image when you scan. Notice auto toning in LR adjusted the image differently from the example above due to not having extra black borders.
I think I'll be adding the final small ring for M camera, and removing it for Barnack to get similar amount of borders.
BTW, with this setup, I'm getting 7296 px x 4864 px scan, which is roughly 35.5 mp.