I have just finished reading the new book by Jeff Schewe "The Digital Negative" on processing raw images. A fantastic technique I learn is the 32-bit HDR image combination that produces non-HDR look. The technique makes one TIFF image with the whole dynamic range of all initial images as if it was shot with a non-existing super dynamic range camera. For example if my humble camera has a DR of 11EV and I shoot two images of 0EV compensation and +3EV compensation I get a 14EV file with noise reduction in the shadows (probably it does some averaging). I just beat you 1Dx/5DmIII owners!
The key concept is that this super image is then processed in Lightroom just like any other RAW file without any HDR look at all.
Here is how it goes:
1) You select two or three but no more raw files in Lightroom of the same scene with different exposures and select Merge to HDR Pro
2) In the Merge to HDR Pro dialog box you select Mode: 32 bit. There is only one slider there that affects the preview but not the file produced so just click OK.
3) In Photoshop save as a 32 bit (Float) TIFF file at the save menu. Keep in mind it's a large file! (it's actually a 32-bit floating point image)
4) Back in Lightroom you have to manually import the newly created file into your library.
5) Here the magic begins. At first the image looks really dark but the Exposure slider in Lightroom now allows you for a +-10EV exposure alteration instead of the standard +-5EV. Work as usual as if you had a huge-DR super camera. No nasty HDR look.
32-bit TIFFs are only supported by Lightroom 4.1 or newer (ACR 6.1 or newer).
Here are my first tests:
While the second one is nothing special (you can even see the movement of the sun), the first one has a DR of almost 15EV (!) and no noise reduction at all for demonstration.
I don't know what you think but for me it's new photographic world for HDR images.