Please refer to this photo:
http://img600.imageshack.us/img600/94/1600full.jpg
The image on the left was taken with a Panasonic GH2, a micro-4/3rds camera with a crop factor of 2, and the right one was taken with a Nikon D700, a full-frame camera. Both of the cameras used the same aperture, shutter speed, and ISO, and yet the D700 photo came out about one stop brighter.
My question is, why did it come out so drastically different, given the same settings? I've asked the same questions several months back theoretically:
Do the same camera settings lead to the same exposure across different sensor sizes?
But recently I was able to test this with the two cameras. My guess is that both cameras measure ISO differently from each other, but isn't ISO a standard that's shared across camera systems, much like how shutter speed and aperture are? Any insight into the matter would be greatly appreciated.