Don't confuse capture depth with processing bits. The camera has an 8-bit output, but points at a 16-bit image matrix through a logarithmic algorythm.
I understand more or less the empty buckets analogy but the sentence here regarding the camera is not clear, nor have I found a clear explanation elsewhere. So, when shooting M8 RAW, is the camera essentially capturing 16 bits and after this logarithmic algorithm, processing out (output) 8 bits which in CS2 I am sending on at 16 bits for processing there?
Thanks for your patience here. I am getting good results with my work (having just printed my first files), but I would like to understand this more. I also recognize that high contrast scenes need to metered very critically, but having shot slides for years, I am used to that.
David