Originally posted by civiletti That would allow ~27x34 format
OT but a nice variation of a repeating theme.
Technically, you're totally right. Well, almost
Because you would have to consider a variation of target aspect ratios (i.e., aspect ratios used for the actual composition). All sort of ratios are in use:
Landscape 2.4:1, 2:1, 16:9, 3:2, 4:3, 5:4
Square: 1:1
Portrait: 4:5, 3:4, 2:3
Without knowing the exact usage distribution it is impossible to compute the "best" sensor aspect ratio for a given image circle. But the fact that turning the sensor 90° into portrait mode can yield extra pixels for some aspect ratios -- and that that advantage disappears for an (amlost) square sensor -- let's me guess that 3:2 is already very close to a scientifically computed optimum.