In reply to Fredt:
> (In reply to Fredt)
>
> Thanks for this info.
> So what determines the sensor quality? How is it measured and specified?
> Is the 'quality' whatever it is measured at, directly proportion to the ISO capabilities?
>
'Quality' is somewhat subjective, but a big contributor is a pixel sensor's signal-to-noise ratio - e.g., what proprotion of its output is related to the light falling on it and what is just random. This is where size matters: the bigger the sensor pixel, the more light falls on it (all else being equal) and the better the signal-to-noise ratio. High quality sensor tend to be bigger ('full-frame' rather than APS or smaller). This is somewhat complicated these days in that cameras will tend to do some level of noise-supression electronic post-processing which can reduce the noise, but may also generate other 'artifacts' which themselves reduce the perceived quality of the image.
ISO just sets the gain of the amplifiers in the sensor prior to digitisation. Since the noise is amplified with the signal it follows that high ISO setting will show more noise than low ISO settings.
Also remember that the sensor is only part of the system capturing the image. A great sensor behind a poor lens will still produce a poor quality image - it just won't have much noise. It'll be blurred, distorted, have reflection artifacts ('flare') and other deficiencies. In a system like a camera, the final image quality tend to follow the 'weakest link' in the system rather than the average. The trouble is that which component is the weakest link depends on external conditions since some quality degrading characteristics are light level dependant (e.g., sensor noise) while other are fixed (e.g., lens distortion at fixed f-number). So the sensor is likely to be the limiting factor in poor light, but be more than good enough in strong light. You can mitigate the sensor noise to some extent by designing lenses which capture more light (larger apertures), but that carries all sorts of other consequences (cost, weight, low dof...).
You can also attack the source of the sensor problem by cooling the sensor (cold sensors produce less noise). Fairly common for astronomical telescope sensors, but not too practical for a general purpose camera.