OK, a proper test of the 49-28mm step-down ring hood on a Pentax-A f1.7 lens.
Left without this hood, right with hood. K-7, tripod, SR off, focus at infinity, M mode, same exposure (f1.7) and post-proc for both.
Lossless centre crops, same :
Lossless bottom right corner crops, same :
SilkyPics meters these as the shot with hood being 0.2 EV darker (i.e. effectively just a touch under f1.8), just about spot on as to what the maths predicts.
To me the one with the hood (right) looks to have better contrast and less fuzzy flare.
One of these days I'll take this lens to bits and set the infinity focus stop properly