cheers for this; it's great feedback.
couple of questions;
1. what are you using to edit RAW? PS plugin? CS3? My assumed workflow (not having either of these options) was to convert straight away to TIF and then head to PS to edit. But now I'm realising the convert to TIF is going to loose the information (to be able to correct over exposures etc.)
I use Bibble Pro, allows me to do all I need including correction of the lens distortion for wide angle architecture shots with just a click (via a lens database). I set the parameters for all shots from a shooting, then click go and have a cup of tea. when I come back they are all transformed into JPG or TIFF or whatever I want.
Bibble is not good with sharpening (all RAW sensor data have to be sharpened, since you lose sharpness in the de-mosaicing of the colour/pixel information from the sensor), So I use CS2 for the sharpening. For all the rest (white blalance, contrast, cloning out dust, stuck pixels, cropping, whatever) I use Bibble Pro.
But there are many other RAW converters, such as Lightroom, Aperture, BreezeBrowser, Phase one, ...
2. Surely there is a limit to how much you can correct with RAW (ie. a completely blown out white frame surely won't bring back a properly exposed image with post shooting tweaks?)
RAW is not really made to save shots where it all went wrong, it cannot bring back data which were not captured by the sensor.
However it does help with slightly off-exposed images, or images with difficult lighting where every exposure setting is just a compromise.
Also, since the RAW image is not sharpened, you do not lose any image information by sharpening, but you can do the sharpening yourself depending on the geometrical structures in your image.
3. 'computer screen is no place to display photos' - i agree. i just had a particularly nasty run in with a printers technician the other day with a photograph which looks good (composition, lighting etc) but technically isn't great - looking at 100% it's not sharp, and it's noisy etc. for me, these details aren't as important as having an artistically good image - but it made me think that perhaps at 100% my images should be sharp...
You can always do a bit extra sharpening
later, and also noise reduction (Noise Ninja or Neat image) can be applied.
Also most RAW converters have noise reduction implemented.