you guys are a really big well of knowledge here at Photrio. it's good to be here with all of you!
Now the question gets interesting ... If all manufacturers recommend exposing for IE recommended, why is the old axiom, expose for shadows and develop for highlights a dogma? Why should I expose a 100 ISO film to 25 ISO (and under develop).
Ciao Schyter,
Exposing for the shadows has nothing to do with what film speed (ISO or E.I.) you are using, but rather with how you meter and set your exposure. You see, averaging meters will underexpose the shadows in scenes with a wide luminance (contrast) range, choosing a middle value between light and dark areas that ends up not being enough exposure for the shadows. Similarly, scenes with predominantly light tones (think snow scenes) can fool the meter into underexposing and leaving you with inadequate shadow detail.
So, "meter for the shadows" means base your exposure on a shadow value by metering it directly (spot meter or whatever) and then, since the meter wants to overexpose a shadow value, stopping down to get the proper shadow exposure (usually two stops). Alternatively, you can use an averaging meter or whatever and learn to recognize scenes that fool the meter into underexposing and then just use exposure compensation to compensate.
See? You're not exposing ISO 100 film as 25 or anything. It is a good idea to find your own working E.I., because it takes into account your particular metering style and your equipment. Many of us find that 1/3-2/3 stop slower than "box speed" is better for us; it gives us a little exposure buffer and works better with spot-metering techniques associated with the Zone System.
"Develop for the highlights" is less important today than it was decades ago, but still relevant to a certain extent. The idea is to meter the luminance (contrast) range of your scene and then use a development time that will give you a negative with the proper range of densities to print easily on a specific contrast grade of paper. If we only had paper with one contrast grade, everyone would still be doing this. However, we no have VC papers with a wide range of contrasts, so the range of contrasts in the negative is less important; we can compensate for a negative that won't print perfectly on grade 2 by using other grades. Note that contact printers who use Lodima, Lupex or Azo papers that only come in one or two grades still spend a lot of time figuring out the proper development schemes to get the contrast range on their negatives needed to print well.
Still, it's a good idea to come up with a standard ("normal") development time that allows you to print average scenes on a middle contrast setting. This gives you the maximum flexibility for dealing with the extremes. And, if you work with very flat or very contrasty scenes a lot, it's not a bad idea to adjust development à la Zone System for extreme situations.
Hope this helps,
Doremus