Here is something I am doing out of the kindness of my heart.

Osiris LUT's, the world's best base grades... Take this setting into Davinci Resolve 12, apply this LUT (See link...) and enjoy instant "higher-dynamic range" LOG footage that rivals the Arri image (almost!)

https://www.dropbox.com/s/zw104esm5ctwtlq/KDX%20-%20LOG.cube?dl=0

There is only one file here, not all of them, so I am not robbing the parent company of their sales, but I just happen to be sharing the best one of the lot! Buy all of them if you like this one! There is a lot of variation...

Yes, it is a .cube file, NOT a virus filled .exe file... I am putting my word and reputation on the line here that it is a safe file... You have to know how to use it though!

Post your graded shots here with the results of the epic Panasonic fail in the implementation of the V-Log settings! Enjoy,

@aaronchicago, thanks!

For anyone, what is GammaLite @Gardner mentioned above?

@balazer Thank you for answering my questions and I look forward to using your LUT for my projects next year!

@balazer Thank you. One more question -- How would you compare your LUT to the Leeming LUT?

@balazer What settings would you recommend for Sharpness and NR for GammaLite in Camera?

@aaronchicago Great work! It looks fantastic, did you use 48fps on the car shot??

New video that I shot primarily with V Log L. Everything except the rooftop shots are the GH4.

Yep, saw that one, didn't help much. But it is interesting how you're not really losing anything pumping the ISO.

I'm seeing stacks of banding on the wall myself, fine if you just look at the woman's face. Is that just me?

Some interesting discussion on the creator's blog:
http://www.60fotogramas.com/gh4-mejor-configuracion-en-v-log-y-una-alternativa-el-leeming-lut/

google translate gives a good translation.

I'm not sure what 'shot noise' is. Nearly all noise is the inherent sensor noise and maximising the amount of light hitting the sensor will ensure that the signal to noise ratio is maximised. In electronic cameras, ISO is an electronic gain (after the sensor) which will increase the signal AND the residual sensor noise. Most cameras have built in noise reduction which is optimised for that particular camera. Using gain adjustment in post production will lift the noise as well as the signal, but without the manufacturers noise reduction. This is usually a noisier result than using an appropriate ISO and optimum exposure in camera. Under-exposing and lifting gain in post, is usually the noisiest option and does not increase dynamic range. The best dynamic range is with optimum exposure.

With the GH4 I find the best (lowest noise) results are by using an appropriate ISO for the available light conditions and exposing to maintain clean highlights. Also being careful with white balance is important to noise visibility due to the 8bit 4:2:0 H264 codec. The colour channels are fairly low resolution and if the white balance is pushed a lot in post-production, the image can start getting VERY noisey.

Thanks @balazer!

@Vesku, I guess looking at the test video above from blazer, it appears that in the scenario you describe, maybe we just need to raise the ISO even more to reduce some of the noise. I think that is the point balazer is making. No?

@Tjabo, sorry, I should have explained how that video was created. I asked Mckinise to shoot it for me, holding the exposure constant while ramping the ISO from 400 to 6400 in third stop intervals. In the YouTube video I ran his ramp twice. In the first time, the bottom half is V-Log L without any transformation, and the top half has exposure compensation applied to compensate for the changing ISO setting, and Rec.709 rendering. The second time is just like the top half of the first time. The noise is most apparent in the dark area above the keyboard. What I wanted you to see is how the noise is virtually unchanged (when exposure compensation is applied) even as the ISO is changed from 400 to 6400. YouTube has turned that noise from grain into overcompressed mush, but that doesn't alter the conclusion: the ISO setting has very little impact on the noise. It's a counter-intuitive conclusion. All our experience has taught us that ISO 6400 must have a lot more noise than ISO 400. But it's only because when you increase the ISO setting, you're usually doing it to compensate for a low exposure. A low exposure is the source of most of the noise, not the higher ISO setting. When you hold the exposure constant, increasing the ISO setting doesn't increase the noise much at all. (at least not until you get to really high ISO settings, and then sensor noise starts to be a bigger factor) It's because shot noise is the largest contributor to overall noise at low and medium ISO settings. Shot noise is inherent to the light of the image falling on the sensor. (and compounded by the sensor's fill factor, quantum efficiency, and colored filter losses) Changing camera settings doesn't change the shot noise. Changing the exposure (shutter speed, aperture, lighting) does change the shot noise.