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Thanks for the tutorial.  The steps were very easy to follow even though I've only had a bit of experience with blender.

Thats ok, do bear in mind that this is a quick workaround. The effect works fine but is only a straight mix between both images, not a true value based cross over between low exposure and bright exposure. Sadly there is no keyer in the VSE to achieve this. And while the Blender compositor can peform that key function it cannot do the time separation of the light/dark streams.

So It's not true tone mapping?  You basically just have an adjustable exposure video at the end, or is there some dynamic range gained?