Mostly Underexposed w/ Super Bright Highlights (snow)

My result, from earlier:

Snow is not gray, no harsh transitions.

Thanks, Fred, but I really dislike the version you've come up with here. The snow in yours looks unnaturally gray compared to my version. It's as if you've suppressed highlights completely, but on an image-wide basis, and that gives the whole image an unpleasant and unrealistic look (to my eye). I ran into this problem when trying to process the image in LightRoom, originally, and it's exactly what I was trying to avoid, really.

Thanks for giving it a go, but the three versions you cooked up with Photo Ninja are my least favorite.

tex