Don't totally agree here as you could achieve HDR witha single shot in RAW out of which you generate 2 other ones: one with increased and another with decreased exposure then you merge all three of them. This makes it easier to merge the pictures as there will be no misalignment. also it eliminates the problem of having duplicate fish appearing in your pictures.
Hi
I've tried that in PS CS2 and I'm getting error message,
I dont remember exacly what it was but I Google it and find our that this technique does not work, if it works for you please tell me what software are you using