This one is quite challenging due to the high ISO with color lights and water spray. Would like to see how others process it.
I tried my best to match how I remember the scene (don’t have an artist in me). While nind-denoise still has plenty of artifacts, its advantage is not in recovering details but more in reducing false colors due to chroma noise.
It’s a water show with lots of movement, 1/125 is the slowest I can. The Tamron 17-70/2.8 is sharper closing up a bit, so I went with f/3.2 instead of f/2.8. The X-T2 sensor is ISO-invariance with dual-gain, capping AutoISO at 800 allows the camera to prioritize sensitivity while not clipping highlights (there are several fire scenes where the camera dropped to ISO200 and still clipped).
This is more a comparision between nind denoise and classic noise reduction. I think this picture leaves not that much room for development unless one want to alter it in something really arty.
While I haven’t got nind denoise working on a first try and don’t have that much time to tinker around to get it to work. Will give it for sure another try. I think anyway it has the downside that the results look somehow artificial in 100% view, so I would probably mix it with a traditional render - like that: