JohnyJoe, Actually I've used a variety. I have used a Canon 50D with a Tokina 12-24mm lens and the same camera with a Canon 50-200mm lens.
I have also shot with a Nikon D70 and a 50mm full-frame prime lens.
Generally speaking, I never go near Ultra High. In that mode, I believe Photoscan is processing the images at full size and frankly, for me it takes too long. I always stick with High. Furthermore, I often start my basic alignment at Low and then work up to Medium and then finally to High. Sometimes, this seems to improve my results.
Dense cloud I always select High right from the get-go. I don't work that one up through the levels. I make very sure that my crop boundaries are adjusted to just fit the object so that no unnecessary processing is occurring.
I have also found that the use of "Gradual Selection" under the "Edit" tab is effective in zeroing in on what should be processed and what should be discarded. You can find an excellent writeup on that at this site:
https://dinosaurpalaeo.wordpress.com/?s=photogrammetry+tutorial+11Hope this is helpful.
Jon