Luminance-HDR does sRGB mapping of the output for most operators. This has an effective gamma of about 2.2. Many operators do not need post-gamma (in spite of what the pfstmo man pages say) and other operators may benefit from a smaller post-gamma value. This is a feature request to add the following:
In my experiments with pfstmo, the following operators gave better results without any post-gamma or sRGB mapping applied:
The remaining operators work best with the sRGB option.