Hi
firstly before you start discussing about "box speeds" you need to understand how that system of rating works. Do you now?
Lets side track that discussion and I'll recommend you read my page
here. I recommend the whole article, but definitely it may start your interest by starting there at C-41.
you don't mention (or I didn't see) how you are metering, are you using an in camera meter; if so is it spot / matrix / evaluative?
I think that the easiest way is to consider the actual system and keep in your mind what that will imply ...
Negative means that the darkest areas of your picture will not supply enough light to leave any mark on the negative ... meaning it will be unexposed. Conversely the brightest areas will make the darkest marks on the film.
Now here is where you need to think out of the digital 9 dot array. The dark / dense areas do not respond linearly to light. So you don't get clipping, but it does end. The old guys think in terms of
shoulders, I think in terms of
exponential data compression algorithm
So where its "linear" you put in 1 and it writes 1, 2 and it writes 2 ... up on the "shoulder" of that curve you put in 5 and it writes 5.1, 6 and it writes 5.3 7 and it writes 5.31, 8 and it writes 5.311
So as you give your negative more exposure the dynamic of your image falls off but the image remains (perhaps just a little flatter).
Now as you tend towards under exposing (as mentioned) the ability of you to pull useful image information from your film gets harder. Think "
base fog" and trying to see something in the
fog.
Thus in this area you'll noise from the media (the perfection of the recording of R G and B levels will be out) even though you'll be in a place of your scanners ability to discern level information very delicately.
up in the dens area (hilights) you'll get noise again because the density of the C-41 (especially the blue channel) can be quite high. Some sample histogram from the scanner driver:
Perhaps
that blog post may be worth your reading too.
Lastly (depending on the scanner you use) you can get different results with different scanning strategy, that however is a different question.