[Niklas Wikman] “So the setting only affects the output on LCD/VF and not the footage being recorded? Does the HPX500 always record in 16:9?”
No, all Standard Def recording and output are affected by the Aspect Conversion setting. This also includes HD downconvert images.
Squeeze will record the image squished horizontally, to be stretched and displayed properly on a 16×9 display.
Side Crop fills a 4×3 screen by cropping off the sides of the native 16×9 image.
Letterbox does the same as Side Crop, but further crops the image at top and bottom , so the resulting image is 16×9 aspect with top and bottom black bars.
Note that anything other than Squeeze results in your image being cropped – which is a bummer when you compare how much you lose at the wide end of the lens.
There are some viewfinder-display settings you can modify, but I don’t recall if the SD-aspect indicator is one of them… there’s not a whole lot of choice as far as specific items to display.
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Video Photographer / Avid & Final Cut Editor