Couldn't agree more. We need to come up with a name for the EC curve that explains its rationale
Currently, you can only curve it to the Luminance Value. This has no respect for dynamic range or other scene conditions.
Scene luminance value alone does not determine dynamic range or the midtone point. Both of which are the factors in a photographer determining a correct level of EC. If a scene has a very large dynamic range, you might apply a small negative EC to capture the highlights. You might also instead decide to apply a small positive EC, to bring skin tones from the shadows into a correct exposure without regard for the highlights. Adjusting the midtone.
In scenes with very little dynamic range, you might (should) apply a positive EC to push the exposure to the right hand side of the histogram.
Again, both of these cases cannot be determined by the scene luminance value alone. So to map EC to luminance does not make sense.
The only other name I can think of for EC, is midtone correction. Effectively this is what it controls, even though we can use it to other advantages (ETTR).
edit: If the white point can be found outside of LV, now we're talking
Automatic positive EC (ETTR) in low dynamic range scenes, all in realtime without LV! That's pretty awesome. I don't have to think about exposure, I can concentrate on composition for instance.
Also midtone/shadow priority in large dynamic range scenes.
2. Balanced over and underexposure - I want shoot something outside and inside
