Here are comparisons of the same image: Averaged/right-on vs HDR vs PseudoHDR.
(mouse-over/out to see the images swap)
The "Averaged" image is how the camera took it in "P" mode.
The HDR is based on 3 images (one right-on, one +1ev, one -1ev) combined in
Easy HDR using the Natural2 preset.
The PseudoHDR was based on just the right-on/averaged image using the same preset.
1.
Averaged image vs HDR
2.
Averaged image vs PseudoHDR
3.
HDR vs PseudoHDR
Hand-held
Panasonic FZ150 on a slightly breezy day.