Dylan, actually you can set the Micro Stuido to two types of auto exposure or a mix of the two.
You have Auto Iris and Auto Shuttler Speed as follows:
Auto Exposure
Blackmagic Micro Cinema Camera has the following auto exposure options.
Iris
Maintains a constant shutter speed while changing the aperture to achieve a constant exposure.
Shutter
Maintains a constant aperture while changing the shutter speed to achieve a constant exposure.
Iris + Shutter
Maintains a constant exposure level by adjusting the aperture. If the maximum or minimum available aperture is reached and exposure still cannot be maintained, Micro Cinema Camera will begin adjusting the shutter speed to keep exposure constant.
Shutter + Iris
Maintains the correct exposure levels by adjusting the shutter speed. If the maximum
or minimum available shutter speed is reached and exposure still cannot be maintained, Micro Cinema Camera will begin adjusting the aperture to keep exposure constant.Auto Exposure
Blackmagic Micro Cinema Camera has the following auto exposure options.
Of course Auto Iris only works with Native MFT auto lenses. The Auto Iris works very nicely on thr Panny Leica MFT lenses, especially the 12$60 Zoom, which has a stepless Iris.
Cheers