Originally posted by Digitalis
A circular polarizer is just a linear polarzier with a quarter wave plate behind it, the image will look identical however the linear polarizer will transmit roughly 1/8th of a stop more light than the circular polarizer.
Not have I. To this day I use a mix of circular and linear polarizers.
You had me doubting what I wrote so I pulled out my K-1, a lens, linear polarizer, & circular polarizer to check the effects.
Effects with linear polarizer:
1. OVF visibly brightens at polarizer settings that reflect well off the main mirror
2. OVF meter reading brightens by 1/2 stop over-exposure at these settings
3. LV metering and viewing shows no change at any polarizer settings.
4. LV and OVF meter agree only if the OVF is dim.
Effects with circular polarizer:
1. OVF remains remains constant (but dim) at all polarizer settings
2. OVF meter remains constant at all polarizer settings
3. LV metering and viewing shows no change at any polarizer settings.
4. LV and OVF meter agree at all polarizer settings.
Conclusion: linear polarizers with OVF meter readings can be wrong as lithedreamer, Silent Street, and I state but the effect might be only about 1/2 stop.
NOTE: I did these tests on a non-shiny surface under diffuse-lighting. Subjects with naturally polarized light will have more complex effects.