A few years ago a 1.6 or 1.3 crop factor sensor was touted to give a "focal length multiplier" so the angle of view of a given lens was the equivalent of a longer focal length lens and, therefore, is better for long lens use. While I understand the concept, I wonder if, in today's world, this is still true?
My thinking is as follows - a 1.3 crop sensor will appear to make a 500 mm lens a 650 mm equivalent. However, if you crop a 21 MP FF 5616 X 3744 image (5D2) in PS to the equivalent image size of a 1.3 crop 3888 x 2592 image (1DMK3) I think there are more pixels on the subject with the 5D2 or 1DsMK3.
So, while the subject may appear to be bigger in the view finder or when first opened in PS, the detail of an image with the subject occupying the equivalent % of the framing shown is actually better in the FF sensor. Therefore the only benefit of a crop camera today is less cost and faster frame rate along with smaller files for our computers to handle.
So this means that crop factor sensors are a dying breed as they are being eclipsed by the newer FF sensors even when considering long lens reach.
Do I have it right or have I completely missed the boat??