Originally posted by Pål Jensen The difference between 16mp APS and a 23mp FF is about 12-15% in resolution
No it's not, it's not even close - canon FF vs canon crop MFT chart using the same exact lens:
APS-C
FF
APS-C = Approx 2400 @ 5.6
FF = Approx 3600 @ 5.6
Equals = FF resolves 67% Higher
Using that, look up any lens under APS-C and compare to the FF lens test and you will quickly see that it is not even close.
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About noise performance, here is a random from flickr @ 12,800 ISO, read the comments and you will see there is no NR or adjustments on this photo:
I think ISO performance is more around a 3 to 4 stop advantage - I don't have hard numbers so not certain on that.