I had to go yesterday at night to test the new firmware that enables raw in Blackmagic Design Pocket Camera. Did a few shots in both formats and a lot more just in raw. I will edit it later today.
I must say I don’t see much difference when shooting raw at night. Camera shoots raw with slightly lower exposure that ProRes. I shot everything at ISO 800, 180º shutter on Schneider-Keruznach Variogon 1:2/18-90 at f/2, but you can see the is slight exposure difference between the files.
I graded the clip in DaVinci Resolve.
First two are ungraded in FILM setting.
Other two have standard LOG to REC.709 LUT applied. Then I tried to raise exposure.
In raw it is easy. You can dial it in in raw settings. I raised it 1 stop and 2 stops. On ProRes clip I tried to simulate this by using Gamma. 0.03 on first and 0.09 on second.
Raw file holds the blacks a bit more but otherwise… Maybe the raw file is more prone to moire but it is hardly visible. There is also some strange fringing in the highlights so I can’t say raw is much better if at all when shooting underexposed at night.
If you wan’t to decide for yourself you can download the files and play with them.
I must test it in daylight conditions with lots of light. And I hope editing of raw footage in Final Cut Pro X will be added soon.