bah, I knew this would come up eventually.
RAW is a TOTAL and complete waste of your time, and has no place in the professional world where real photogs have real deadlines.
Sure, if you want to spend hours upon hours dicking around in photoshop, instead of going out and shooting, then yeah RAW is great for you.
For those people on a tight deadline, or those who expect excellent quality images with a minimal amount of post-processing, Jpeg is the answer.
Jpeg will ALWAYS give you better overall results, richer colors, and sharper images right out of the camera than RAW will. With just a touch of post processing, Jpegs look FANTASTIC, while RAW images will look "dead" unless you are experienced with Photoshop. Jpegs can handle an enormous amount of post-processing; dodging and burning, changes in exposure, changes in color balance, etc., which is more than enough for almost every type of photographer.
When you post-process a RAW image, you're basically just making it look like it would have had you shot it in Jpeg with the right parameters. (Color saturation, sharpening, etc.)
Seriously, RAW won't make you're "meager" photos look any better. It will probably make them look a lot worse.
I shot RAW for awhile, but switched back to Jpeg because the RAW conversion is just an extra time wasting step in my work flow, and the results often looked less punchy and less lively than Jpegs.
I've concluded that RAW is for 3 kinds of people:
1. Those who do a lot of studio work, either modeling or product type stuff, and ultimately a lot of post-processing PS work because a lot of "models" are not as good looking as you think.
2. Those who suck at photography and just "fix it later" in photoshop. See Baconzoo's posts in this thread for an example:
http://tetongravity.com/forums/showthread.php?t=89269
3. Those who suck at photography and want to sound important/better than you because "I shoot RAW". i.e. photo forum hacks.
Don't believe the hype.
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