If I take a RAW .PEF file and adjust exposure -1 and +1 stop, saving each as 
another .PEF in Adobe Camera Raw, would that not for all intents and 
purposes, be the same as having taken three separate exposures at -1/0/+1 ?

Could I conceivably then process the three as an HDR and get the same 
results and have the same flexibility in post-processing as if I took three 
exposures in-camera?

Tom C.



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