Currently HDR images compress well at 8bpp, but suffer from block artifacts at lower bitrates.
We should investigate how we encode HDR images at lower bitrates to see if we can makes a material difference to HDR image quality. We should also investigate whether content limitations (e.g. clamping a max brightness) help.
(EDIT: Issue retitled and redescribed to cover the actual issue under investigation rather than a random part of it)