Asher Kelman said:
Is Photomatix more capable than CS2 HDR?
Well, it's more mature than the first incarnation of CS2's HDR. Maybe the CS3 version has been improved.
Also is it available as a standalone?
Photomatix is available as a stand-alone program, but that one isn't color managed yet. The Plug-in version benefits from Photoshop's on-the-fly display color management, but it (for the moment) lacks the latest options available in the stand-alone version.
Photomatix also offers several workflow benefits, and it has a better tonemapping function than PS. What I like about the plug-in is that it does its tonemapping on the 32-bit/channel HDR, without converting it to 16-b/ch. That allows to tweak the result when changing the mode to 16-b/ch in Photoshop.
Tonemapping the huge Dynamic Range into the limitations of 8-bit/channel images is what poses the real challenge, and constraint is key. It is easy enough to go overboard with the settings (as the samples on their site show), just pull back on the amounts till it looks natural again.
Photomatix also offers several exposure blending options, something that can be helpful when e.g. blending different versions of a single Raw file, or when stacking exposures to reduce noise. It also produces decent HDR files, partly because of the built-in alignment options.
Again, maybe CS3 has gotten it's act together on this subject, I've yet to try it. Sofar, Photomatix has been a good step in the right direction for me, with potential to get even better. Uwe Steinmueller has
published an essay on Photomatix, and even offers a discount on the purchase price.
As for the scan challenge, HDR in general allows to improve the dynamic range by promoting the captured data to real 16-b/ch with low noise in the shadows, without the
need for tonemapping, but it's still an option.
Bart