I'm from the old school where slower ISO film speed meant less noticeable grain in the finished image so I always had used ISO 25, 50, 64 and 100 film.
Today I carry this habit over and use ISO 100 all the time for less noise.
The new school is, properly exposed, it is nearly impossible to tell the difference in noise up to ISO 400 in most cases. Your mileage may vary with subject and conditions, but in most cases ISO 100 and 200 gain you nothing unless you need a slower shutter speed.
Even ISO 800 noise takes effort to notice unless you have large and/or deep shadow areas. Of course, it depends on what you are trying to achieve, but I think for most images, ISOs 100 and 200 are rarely necessary for maximum IQ.
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