Technically, no it doesn't. It's been measured at having 2 stops less DR than the D810 and A7r2.
Technically? Under what conditions?
Who cares about 2 stops DR under
most conditions?
Nobody is going to buy the D5 to "do sunsets"
But DR - like colour gamut in printers - is a binary thing. You either have enough of it or you don't. If you have enough, 'more DR' isn't going to add anything to your shot, since everything already fits into the camera's dynamic range. It's a bit like a backpack - if it can already fit all your gear, making it bigger isn't going to help. But it will help on the day that you have to carry a bigger/heavier load, and the smaller pack can't hold everything you need.
Exactly right. That the D810 has "more DR" than the D5 is
usually overkill and not relevant.
Clearly, all the elements in this scene fit into the camera's dynamic range, so having more DR isn't going to help. But put it side-by-side with a D810 or A7r/A7r2 and shoot at a sunset, with buildings or trees silhouetted against a sky. Then take a look at the shadow detail in each. It would be a more interesting comparison.
More interesting ... to whom?
I could give a flip about the shadow detail found in a backlit building, personally.
(That is about as UN-interesting a subject as I could imagine.)
What I believe
most (normal) people find "interesting" is either the minute detail of creatures they will never be able to see themselves ... and/or seeing intense, authentic action "captured" in the moment. If you want to think about people putting their money where their mouths are, I guarantee you that the "yearly revenues" of the
sports industry dwarf the yearly revenues of the "fine art" industry, and by a hundred country miles. (Hence the comparative pricing of the cameras
)
For every "new 60-inch sunset portrait" that gets hung on a wall, there are millions of action shots read in magazines, or posted on commercial online sites, etc.
Hey, I am a nature lover, but
let's face it: "nature shows" don't dominate prime time television (and neither do "fine art" exhibits).
The fact is,
sports and
news dominate, which is the venue where the D5 is going to excel. The
only thing that can compete with news and sports is
advertising. And here, most photographers are going to be using MF
not the D810 or Sony A7rII.
So wake up and smell the coffee
"Fine Art" photography is an
awfully-small niche by comparison to these 3 giants.
Does it have its place? Yes. But it's an awfully-small place (beautiful though it may be).
With that said, while the D5 may not be able to match the D810 in low ISO DR ... it was not designed to do so. Where the D5
does excel is where
most commercial action photographers (sports/news) are going to need a camera to be. Most news and sports events aren't static, and the need for high ISO increases dramatically when you're needing very fast SS
to capture action and your light becomes limited. And it is here where the D5 shines compared to the competition. In fact, check out the performance of the D5 and D810 versus Canon's equivalent
here (and attached).
As you can see, the D810 totally dominates up till about IS0 600.
From ISO 600 to ISO 1000, everybody (Canon and Nikon) are pretty equal.
From ISO 1000 to ISO 2000, the Canons dominate the D810, but the D5 pulls marginally ahead of the pack (though the Canon 5DsR stays close).
After that, it's all the D5.
The only thing Canon has a firm hold of is the middle ground; they excel at neither end of the spectrum, while the Nikons excel at both ends of the spectrum.
(Which I expect to be further-augmented when the D900 comes out.)
Therefore, I agree with your 2-camera DSLR suggestion: an action camera and a detail camera.
Looks like the AF system is good, though. Mounted archery isn't an easy thing to photograph. How much better than the D4s?
I am excited to see the AF of the D5 as well. Also, don't forget about the D500 for its class. Canon's current finest (80D) already
lags behind the elder D7200, so I am sure the disparity will be even greater for the 7D Mk II compared the the D500 (which is also purported to excel in low light).
Jack