I would say no. I even went to a Nikon School seminar once (even learned a few interesting things I didn't know) where the photographer giving the talk put up a picture exposed for the sky, then one exposed for the ground.
In each picture, the half not exposed for was either overexposed or underexposed (respectively).
The only way to get around that is to use a graduated neutral density filter (they make 1, 2, & 3 stop versions) where the bottom half is clear lexan and the top half is 1, 2, or 3 stops darker.
The photoshop way around this is to take the top half of one and bottom half of the other and put them together. Thus, you have a perfectly exposed picture. According the Nikon School instructor, there is no such thing as "cheating" if it makes your photos better.
As for my opinion on such things, if I'm shooting a bird, I would much rather take the photo without that reed in front of the neck, but, more often than not, time is of the essence and there is no other way around it than digital manipulation...
--Steven.