First of all, I am surprised of how conveniently I missed this:). Nokia seems bringing both Panorama and HDR features integrated with Lumia 920 Camera and as the above image crop mentions something special as well (Panorama with HDR), or did they mention Panorama and HDR separately? Now that will be really awesome, if they can bring Panorama with HDR.
Anyways, Nokia has posted an image on their Fcaebook page, and this may be just figment of imagination, but to me the image looks like a HDR image from Lumia 920’s camera. Such kind of photo capture is challenging due to varying exposure levels present in different parts of the Image. That’s where HDR imaging shines !! So, have a look at the below image and post your views in comments.