Even though we ARE Nikon lovers,we are NOT affiliated with Nikon Corp. in any way.
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"RE: does the D40 have a defective light meter?"
It's disputable. The world does not consist of 36% grey.http://en.wikipedia.org/wiki/Zone_Systemhttp://www.kenrockwell.com/tech/zone.htmIt's a creative thing: if you want (part of) the image darker than mid-range, give it less exposure. If you have a contrasty subject, set 'optimize image' to 'softer'.It would be great marketing to have a Zone System function in a Digital camera!Now where did my f:64 go ?