No, this is still there but I don't quite understand the cals for RAW only, I would not want it and don't see the point in throwing away the JPG data. If nothing else I wat to see how the image looks in b&w or with a certain white balance or other adjustments I make. RAW is nice for backup and for developing if quality is necessary but otherwise the JPGs should be used (and should be good enough to be used) in my opinion.
RAW only makes one too sloppy and means you don't need to care about exposure, white balance or even composition because all can be fixed in RAW. A good JPG is not far behind a RAW file in my opinion but a RAW file can be easier salvaged if one is sloppy (as I am when using the GRD II with the useless JPGs).
While I agree with the first two sentences, I think the rest of what you say depends very much on what you want to do. E.g. recently I'm finding it pleasing to re-map the grey levels of the standard raw conversion - taking 60% grey to 40% grey (rougly), and so on. I'm finding a non-linear interpretation more pleasing. Doing this with jpeg would degrade the quality a lot more than with raw.
Regardless, in my personal opinion getting acquainted with raw conversion is a good thing, because you can get a feeling as to the information that the camera ACTUALLY records (or as close as possible to that).
>>RAW only makes one too sloppy and means you don't need to care about >>exposure, white balance or even composition because all can be fixed in >>RAW
I've found going back to medium format film a very rewarding exercise, and here you make a good case for doing this.