How does this process compare with HDRSoft Photomatix tone mapping? In this section, we'll analyze the results from Photoshop CS3 and Photomatix and compare the differences.
First, we'll begin with this tone mapped cityscape of Vancouver, BC that was toned mapped using both Photomatix and Photoshop CS3.





The sails in the images below are lit by a color chaging light that fades from one color to another.




The two methods of tone mapping are similar, but they share their own pros and cons. Photomatix does a better job for most of the time. We recommend using Photomatix tone mapping first. If it doesn't produce good results, use try using this Photoshop tutorial instead. While the image generated by Photomatix has more noise and isn't as sharp, these can be fixed in Photoshop aftewards.
Photomatix Tone Mapping
Photoshop CS3 (This tutorial)
Pros:
Cons:
Update: Fixed the "Photomatix" spelling mistake. Thanks for the notice in the comments. :)