Exposure Fusion (EF) is new approach to blend the bracketed image. The EF does not require tone mapping step as the result does not produce a photo with excessive dynamic range. Yet the result appears to be more realistic and tends not to exaggerate the tones, colors, shadows and highlights. For me I find EF to be more practical and produces results in which I can feel more natural to the eye.
The example above is made by blending (5 photos of the same scene) of a scene from Bediah Sands at sunrise. Below you can see a sample of the overexposed and underexposed shots, I have taken 5 bracketed shots then exported them to 16bit TIFF files. After that I used Photomatix Pro 4.0 to blend the bracketed exposures. The final result of the shot (above) shows more balanced light in the scene yet looks very realistic and natural. Nevertheless I made little final tweaks and adjustments to the photo in Photoshop CS5 .. From my personal experience sometimes you just need 2 shots to make a perfect blend.
Go ahead try it , it's fun and it expands the limitations of the light range the camera can take.
Happy Fusion to everyone
Lens : Nikon 16-35 F4 VR
Tripod : Manfrotto 055 ProB