If you have SF8 Ai, you can get HDR Studio for $50USD. At least I did a few years ago. There is only $50 difference in the full version prices. Talk with Kitten in sales.
It takes me 7 hours to batch scan 1 carousel of 140 slides. Takes another 14 hours to develop them in HDR. Aside from many benefits of the HDR RAW file, my scanner is running 7 hours rather than 21 hours.
Another BIG reason is that Photoshop can't make use of the iSRD dust & scratch removal function.
For the benefit of those who may be prone to misunderstanding when it comes to SilverFast workflows, let's review a few facts about these procedures:
(a) Whether you scan in regular SilverFast Ai 8 48 bit format or you use SilverFast HDR 48 bit format, your end result is a rendered pixel-based file that has the same pixel dimensions. Neither is a raw file in the meaning the industry gives to "raw file" from digital cameras. The latter are not rendered into pixels, not demosaiced and are about 1/3 the document size of their rendered siblings. So for example, when you scan a 35mm transparency say in a Nikon SC-5000-ED scanner at its maximum theoretical resolution of 4000 PPI, at 100% image dimension, you end up with a document size of about 109 MB whether scanned in Ai8-48 bit format or HDR8 48 bit format. The differences between an Ai8 format scan and an HDR format scan are that the latter is: (a) in linear gamma (versus any other gamma you set, default is 2.2), (b) the embedded profile is the scanner profile (versus the working space profile, e.g. Adobe RGB98), (c) no pre-scan tone and colour editing permitted (versus any editing permitted).
(b) The time it takes to make this scan is about 38 seconds for the HDR 48 bit format and 30 seconds for the Ai8 48 bit format, again in a Nikon SC-5000-ED; (the Minolta Scan-Elite 5400 [version 1] is somewhat slower, but has higher and superior resolution]. This excludes editing in both workflows. Editing can take any amount of time depending on what you need to do with the photo. The editing tools are the same in SilverFast Ai8 as they are in SilverFast HDR8, so in principle there should be no difference in editing time between editing in the one version or the other of SilverFast for the same changes to the same photos.
(c) Whether you use either an HDR or non-HDR workflow in SilverFast you have access to the iSRD function for all scanner models that support an infrared channel and are supported by SilverFast (Saiguy is correct - Photoshop does not see an infrared channel so it is unavailable there). iSRD is the most refined and effective dirt and scratch removal tool on the market from all I've seen. If you need to use such a tool you would commission it at the scan stage if editing in SilverFast Ai8 or other non-SilverFast post-scan application, or post-scan in the HDR8 application if your post-processing will be in SilverFast HDR8. So one way or the other, you don't lose access to iSRD, whether your post-scan editing will be in a SilverFast product or a non-SilverFast product.
(d) Regarding workflow selection, the main thing you are advised NOT to do is use the HDR scan format in you will *not be* post-processing in SilverFast HDR. The attached image shows what happens in three workflow scenarios. (i) The far left panel shows that if you scan in HDR format and open the image in Photoshop, you get a dark mess than can be awkward to recover from - you can, but it's much more work than otherwise necessary and involves a lot of tone remapping; this happens because the scan is in linear gamma. (ii) If you intend to work in Photoshop you would scan in regular 48-bit format (non-HDR) and the result opened in Photoshop will be center panel. It needs some brightening-up but a far better starting point than the one to its left. (iii) If you intend to work in SilverFast HDR8 after scanning, you would make the scan in HDR format, and when opened in SilverFast HDR8, it will look like the image in the far right panel, which differs little from the rendition in the center panel.
Photoshop has a huge panoply of tools that SilverFast HDR does not have. The issue is whether or not you need them. If you don't, SilverFast HDR8 is a very capable image editor within its toolset. If you do need the additional stuff in Photoshop, may as well work from the start in Photoshop post-scan. Like so much in life, "it depends". There's no point being religious about software. Different tools have different capabilities (and a range of the same capabilities) so you pick and choose according to what gets your job done best and most efficiently relative to purpose and standards.