Dynamic Range Really isn't as important as you are lead to believe.

Better DR means more post-exposure control.   Shooting for the sensor often results in a poor rendering, but the practice is done to get the best signal the sensor can manage to handle.   With JPGs one primarily shoots for the appearance of the exposure, with RAW one shoots with the sensor's signal data as the primary consideration.

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...Bob, NYC
http://www.bobtullis.com
"Well, sometimes the magic works. . . Sometimes, it doesn't." - Little Big Man
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