Does this edit sequence work? I tried reducing the blown highlights in camera RAW but the red feathers were beyond repair. I desaturated the image in RAW, used PSE to recover color detail on the reds and yellows, also did an adjustment for skin color on the dancer. No noise reduction or additional sharpening applied yet.
f/5.6, ISO 200, 1/60sec, exp. bias 2.5 EV
Not the typical settings I would have used, but I was coming in and out of shadowy areas and this is the settings I was using at the time.
The desaturation was done on the RAW file, I used the jpeg to compare.