The list of features is pretty impressive. Here's a quote from the homepage, http://ldd2povray.lddtools.com/
Quote
- enables photo-realistic rendering of any LDD model using POV-Ray™ for Windows
- supports geometries of all LDD bricks - new bricks are supported automatically
- several key POV-Ray™ parameters such as scene setup, lights, focal blur and radiosity can be set directly from LDD to POV-Ray GUI
- choice four different levels of the details
- option to apply bevels and LEGO® logo on studs for increased photorealism
- option to use edge outlining for creating building instruction style images
- slight random brick color variances to simulate differences in brick colors of bricks produced in different batches
- slight random brick position variances to similate building imperfections of a real model
- randomized rotation of relevant bricks (e.g. 1x1 round plate) to simulate variation in rotation as it would appear building real models
- optimized and fine-tuned color palette for very realistic output
- highly customizable: brick surfaces, color palettes, materials, lights, color variance, brick position variance and more
And here are some test renderings (click on image for high res version):




















