I received a question reg. "missing details" in the green fire shot as compared to the BD and decided to show you what is happing with SDR conversion and what everyone should always be aware of.
top to bottom: target display nits 120, 200, 380, 1000, 10.000
left vs. right: compressed vs. clipped highlights
I think the 120 nits vs. 200 nits will answer some "crushed blacks" comments. 120 nits (that's the min value) should be closer to the BD, but is imo worse than the 200 nits default, because it clips too early imo.
With clipped vs. compressed you can clearly see what gets compressed in the compressed version. But, like I said before, clipped tends to look like shit with 200 nits shots.
That's why I use compressed highlights.
Top to bottom you can see how the clipping disappears and how the highlights become visible again.
Other than that, I always welcome comments reg. HDR highlights that got lost in the SDR conversion. Unfortunately, one cannot really avoid this with SDR shots and HDR shots are not very helpful either until everyone has a HDR monitor.
I hope this will help understanding the HDR=>SDR shots better. It's all new to me as well and the main focus should be on detail anyway (even though I think that the SDR conversion does give you at least a very good idea reg. color and contrast as well).