The 24mm Summilux: does it make any sense in the age of good high ISO sensors?

I'm liking this lens a lot... In the pic below - move in close - it feels like one can sink right into the scene. (Leica M240, 1.4/24mm Summilux at f/4)

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in terms of zone focusing, a f/2 24mm lens makes a lot more sense than a f/2 35mm lens. i find this most advantageous when shooting ISO 400 film in low light. (yes i realize we're talking about high ISO digital sensors).

my minimum useable apertures to zone focus are roughly:
50 : f/8
35 : f/5.6
28: f/4
24: f/2.8
21: f/2

I see the 24/1.4 being particularly useful to film shooters in terms of collecting light and still retaining a reasonable DoF. I think high ISO digital shooters will be absolutely fine with the 24/3.8, the summilux would be for more artistic purposes.
 
I wish that Leica would make a 24mm f/2 Summicron lens that was roughly the same size as the 28mm Summicron. For me, that would be a good compromise between size, light-gathering ability, and ability to isolate the subject somewhat (at close distances). Seeing as how the 24mm f/2.8 Elmarit-M is quite a bit bigger than a 28mm Summicron, perhaps this is technically not possible.

The 24mm Summilux remains a dream lens for me, and I will continue saving for it...
 
If sensitivity is the only concern, then yes, fast lenses are important, but the speed-to-noise ratio of the sensor can have an even greater effect on the image. But the speed of the sensor (or film) is rarely the issue for me. I use a large lens aperture to narrow the depth of field, or otherwise aberate the image, more so than to shorten the shutter speed.
 
I have both the M-E (M9 sensor) and the M 10 and the M 10 has better than a 2 stop advantage in low light and I can tell you that the M 10 is still good at 20,000 ISO. Here were some shots where I was testing the high ISO capabilities around the house and these were shot at 20,000 on the M 10.

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Someone earlier in this thread brought up the look of a really wide lens like a 24 at 1.4 shot side open and I think that is something to also consider. I know I really like the 35 Lux FLE paired with the M 10. I also have a 24 Elmarit that I really love but there are times I wish I had the 24 Lux.
 
Nothing beats more signal and less noise.

Nothing beats more signal and less noise.

If sensitivity is the only concern, then yes, fast lenses are important, but the speed-to-noise ratio of the sensor can have an even greater effect on the image. But the speed of the sensor (or film) is rarely the issue for me. I use a large lens aperture to narrow the depth of field, or otherwise aberate the image, more so than to shorten the shutter speed.

Yup.

High S/N sensors are good. This has nothing to do with ISO. It has to do with camera's native S/N (base ISO).

Increased sensor surface area is good.

Nothing beats wide apertures for DOF control.

Without a tripod nothing beats wider apertures (more signal).

When DOF is not a constraint, wide apertures and high S/N cameras deliver the best technical IQ.

For cameras like the M240/260, ect. and M10, photon (or shot) noise dominates S/N. The electronic noise (read noise) contributions are minimal.

airfrogusmc's road sign photo is a great example. The exposure (shutter time/aperture) was optimized, so the photon noise was minimized. For the M10, read noise is constant to within 1/3 of a stop from ISO 310 to ISO 20,000. (link).
 
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