Originally posted by Lloyd_Christmas So is the Pentax software what I should use to convert the raw files to TIFF?
That depends on whether you want to adjust the images
before they are merged in Photomatix or not. The software that came with your camera has the advantage of being developed to Pentax's specific requirements, so it's a good choice for raw conversion, but might be lacking in post-processing features. If the program you want to use for post-processing has a good raw converter built in, you can use it instead of the converter that came with your camera, and save a step. Lightroom uses ACR (the Adobe Camera Raw plug-in) to do raw conversion. You can use the same PP program to make changes to the HDR image, but making corrections to each individual image before merging them in Photomatix should produce better results than applying those corrections after the HDR image is created. If you only want to make changes to the final HDR image that aren't dependent on the individual images merged to make it, then go straight from raw conversion to Photomatix.
The raw conversion itself simply modifies a bitmap from the camera according to the shooting information or metadata supplied by the camera, in order to get colour and exposure corrected so the image looks "normal". Even though they get the same data from the camera, different raw converters will produce images that look slightly different. If you want to adjust contrast, brightness, etc. of the converted image with software, that software takes the converted image and makes changes to it, not the raw file that came from the camera. To eliminate one step, every program for PP has a built-in raw converter, but as long as it converts the raw image to a TIFF file, you don't have to do the post-processing in the same program as did the conversion. If you export your image as a TIFF file after post-processing, you can do other alterations to it, such as merge it into an HDR image, with yet another program. By using TIFF files, you can use one program for raw conversion, another program for PP, and a third program for making HDR images, without reducing the quality of the image every time it gets opened and saved in a different program.