@Arun H , thank you for the kind pointer to my image above.

As
@John Hayes called out above, the right thing to do is whatever is ideal for your case. What I have found for my specific case, imaging from a remote observatory with deep field and moderately fast systems (e.g. CDK14, CDK24, f/4.8 to f/6.5), is that the ratio of LRGB subs depends on the following factors:
1. Sky darkness
2. The target
3. The system, particularly focal ratio
4. The camera sensor type
5. Filter types
Expanding on the above:
1. No use shooting tons of luminance from a Bortle 6+ site. Maximize RGB and create a synthetic lum instead. Even from a dark site, 2:1:1:1 is as far as I would go. Anything more, particularly with the
synthetic super lum route has yielded no value in my case for the majority of targets.
2. Where L appears to matter the most is galaxies. For most other types of broadband targets, anything more than 1.5:1:1:1 hasn’t added much value. The brighter the target, the lesser the value of L.
3. Faster focal ratios appear to make capturing more amounts of lum unnecessary in my experience (e.g. CDK14 with a reducer compared to native), given the above criteria #2. RGB captures so much spatial information in addition to chromatic information at faster focal ratios that 1:1:1:1 or 1.5:1:1:1 seemed plenty for many targets. Again a synthetic super lum is the way to go.
4. Believe it or not, a lot of the “collect gobs of luminance” is still a hangover from the CCD days. And that is coming from someone who is actually setting up a good ol’ PL 16803 with his new CDK20 at Obstech.

For any modern IMX4xx CMOS sensor, a
synthetic super lum with anything more than 2:1:1:1 has seemed to be wasteful in my experience.
5. This is a hypothesis on which I don’t have data, but hope to soon with my CDK20 setup referenced above, is that our current RGB filters are holding us back by losing a bunch of data. My hope is that creating synthetic lum from a
flat-top Johnson-Cousins BVR filter set (like the one Chroma sells), and spending the time one would with a traditional L filter instead on the B, V, R filters will make L irrelevant with non-galactic targets. Probably not with a CCD sensor, but likely so with CMOS sensors.