Using 32 bit exr's from 3dsMax + Vray to create an animated dvd project. Am I losing resolution if the project colorspace is et to 8 bit?
You can set your project to 32-bit colorspace, and work in that space, but the land of DVD will restrain you to the world of 8bpc color.
You still will be able to take advantage of your 32-bit files using 32-bit capable effects to tweak your HDR imagery, but in the end, you'll be downsampling to 8bpc.
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