I've started reading AA's "The Negative" and I skimmed most of the parts about the Zone System, but one part caught my eye and totally threw off everything I thought I knew about film. It's the diagram for over- or under-developing (N+0, N+1, N-1, etc.). After reading that, and then the characteristic curves later on, I understand that under-developing simply reduces the D-max and makes the characteristic curve of the film less steep (i.e., less contrast or less gamma). Obviously over-developing raises the D-max, etc.
Now comes the part where I am confused. Through my elementary knowledge of b/w emulsions, I learned that every emulsion has a sensitivity level (ASA). I also learned that under-exposing and over-developing effectively raises the ASA (and the contrast and grain) and vice versa. However, based on the characteristic curves I see now, over-developing simply raises the D-max and gamma, not filmbase+fog, meaning that in the final print, the shadow details are sacrificed and the shadows are just as dark as they would have been if not for under-exposing and over-developing.
So this means that the ASA, as I understand it, is simply the sensitivity the manufacturer desires the photographer to use in order to obtain "optimal" gamma. If the film is over-exposed and under-developed, then gamma decreases, and there comes a point when development is so little that D-max and gamma are too low to obtain an acceptable print.
Yes?
Now, assuming I am correct, I have a question about the implication of these relationships. Recently, before I read "The Negative", I was shooting with my Holga. Using my experience as a guide, I knew that I would need a 400 speed film, but I only had 200. So I shot the roll and over-developed the film. The midtone and shadow details turned out very well, but my highlights were blown out - even the lowest grade paper I had couldn't bring everything into the dynamic range of the paper. Looking back, would it have been better to develop normally to avoid blowing out the highlights, rather than developing for the midtones? Isn't this how the saying goes, "Expose for the shadows, develop for the highlights"? Did I just demonstrate what not to do, thus validating the saying?