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I played the beginning of Episode 1 again today and with my new system and the HDR/bloom stuff thought it was better than before, especially the reactor chamber.
I first look at that, and it's too bright and washed out, then my character's eyes "adjust" to look at it better, and the same happens whenever I look away and back at it.
The bloom effects were also impressive, and I'm sure they weren't there in my old PC system - they really added to the atmosphere.
HDR and bloom really is an impressive addition to the Source engine, and I hope it's further exploited in later titles from Valve.