I am wondering about rating film at an ISO other than 'box speed'. Am I correct in assuming that this is a simplified version of the zone system? Do you gain more contrast control? If I was to determine that my box of ISO 4oo is to be rated at 200, do I then set the in-camera meter at 200 and go about metering as normal while adjusting my development times?
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Adam,
One cannot go wrong getting a bit more exposure on a black and white negative than is called for by settings at "box speed." In my experience, the key is then developing your film so to bring on the shadow detail; give well-separated mid-tones, so as not to block up the highlights.
Some film developers are more "forgiving" than others in this respect.
Regarding "zone system:" there is no doubt in my mind that a complete control of negative exposure and development results in the greatest number of "good" negatives. There is, equally, no doubt in my mind, that the amount of testing needed for that complete control is beyond my interest. Each lens I own has slightly different transmission characteristics; each camera has shutter speeds with variations between itself and it's litter mates.
As I am not a compulsive personality, I refuse to spend the time and effort necessary for that kind of complete testing. What I learned early on with some of that testing is that Eastman's old notion of the "safety factor" in it's box-speed ratings has considerable merit. There are others around APUG who remember when Eastman rerated all it's films back in the late 1950s, or so. Tri-X went from being an ASA 200 film to an ASA 400 film.
For this shooter, Tri-X is still a "200 speed" film. To keep my life simple, I routinely use an Exposure Index of one half the ISO rating; and I soup in a soft-working film developer: D23; Rodinal; extra dilute HC110; Edwal FG-7.
Thoreau had it right: "Simplify; simplify."