The lighting is far too bright to be considered realistic unless you happen to live on Mercury or if you've just had your pupils dilated by an optometrist.
When is the last time you looked across the street and couldn't see the side of a building in broad daylight because it was in its own shadow? That pic on the right isn't a better depiction of reality IMO. Sure the one on the left is to bright in some spots but I still like it better than the one on the right.