How do displays and prints compare with 14 stops dynamic range? Are displays just compressing the range back to some lower level?
The general idea is that if you don't have noisy shadows, you can lift them to bring them within the DR of a screen or print. Increased dynamic range supports editing latitude...you get to push the exposure around more. Keep in mind, in these examples, the shadows WERE lifted...if they were left as-is, those shadows would be nearly black. The normal part is noisy because of the lift.