If you are using Lightroom for your post processing, take one RAW shot, and create your under and over exposed versions as virtual copies in LR. This eliminates and slight movement too, especially when shooting hand held.
Yes, you can create 6 virtual copies (or 4 copies) of a single, properly exposed RAW shot, then change the exposure for each virtual copy in -1 or +1 increments before importing into Photomatix, and you will get the exact same result as individual bracketed shots AS LONG AS you have no blown highlights or shadows in any of the exposure-adjusted virtual copies. It's better to use the bracketed shots if possible, because you're more likely to retain more detail in the highlights of your most overexposed photo and the shadows of your most underexposed photo.