I tried to get the answer on the official forum here but it was non-conclusive for me. I am trying with a more concise question here:
When I import the RAW files from my Panasonic Lumix LX100 into Capture One 8, lens corrections are automatically applied upon import. I am guessing this is the lens correction from the manufacturer and not from Capture One.
Right after import the image looks like this:
And when I disable "Hide Distored Areas" it looks like this:
As you can see in both images, besides the distortion correction a seemingly useless crop is also applied. In both images the crop could have been less. But Capture One or Panasonic thinks that it is a good idea to degrade image resolution/quality even more by applying some additional crop.
Why is that so? Why does Capture One or Panasonic think hat this is a good idea? Wouldn't I get better image quality if I remove that crop? Wouldn't it have more image information?