Cameras with more dynamic range allow you to take photos with dramatic differences in highlight and shadow areas while retaining detail in both.
Think of a brilliant sunset on a rocky beach: Bright sunset in the background, with dark rocks in the foreground. High dynamic range means more of the extremes will be faithfully reproduced.
Dynamic range test data courtesy of DxO Mark.K-r test data on DxO Mark T4i test data on DxO Mark
Excellent image quality; 9 cross-type AF points; Stereo microphones; Built-in touchscreen; Multi-shot modes.
Slow Live View and video autofocus; High ISO performance is unimproved; Below-average battery life; No dedicated AF illuminator.