But it was shot in 14-bit RAW which meant the sky could be pulled back out again
Try doing that with an enlarger and some colour paper...
[...]
The real point is that you can argue about physics until the world implodes but you can take really damn good photos with a potato if you know what you are doing. And good is subjective and not related to physics at all. I've printed stuff out of my old 6MP D70 fairly large and it looked great.
Well, dodging and burning wasn't invented by Adobe for Photoshop. You can sure pull off something like that with an enlarger and masks. Negative film has an amazing amount of dynamic range. It's just more difficult to exploit when you actually print because the medium you print on has much less.
Color slide film, on the other hand, is much denser and much more range limited, more "digital", so to say. But, boy, do the colors pop!
But lets face it, the world has moved to digital, and while it's possible to digitize film, it is far from convenient. It's an endless battle with color profiles, dust, getting the film flat so that the scanner can digitize it in focus, not damaging the film while handling it, etc. And with modern sensors, dynamic range is much less of a problem. High resolution is much easier to achieve, too. Even with a half-decent flat-bed scanner (Epson V330 class), getting more than 6 Megapixels from a 35mm negative is difficult. You can probably do better, but you cannot do better for cheap. And you need to digitize, because approximately nobody cares for prints nowadays.
And that's why a blanket "film is better than digital" is nonsense. Yes, negative film has a certain appeal and certainly an advantage over digital in certain (constantly diminishing) use cases, but it takes dedication, time and expensive equipment to exploit that advantage.