the arguement for shooting in raw is to gather as much data as possible
in camera. processing it in 16-bit means that you will have lots of
data for maipulations and editing. if you were to color and dinsity
correct past a certain point in 8-bit, you will end up with combing in
the histogram which means banding and posterization in your print. i
have recently brought up the arguement that if you do most of your
edits in camera raw, why not just process into 8 bit. still, it gives
you bo wiggle room for edits in photoshop. also, i work for a magazine
doing their retouching and they have me keep EVERYTHING in 16 bit
thinking that soon the printers will catch up soon and be able to
handle 16-bit files. right now they will convert your 16-bit file into
an 8-bit file before printing. so, in my opinion, at least do your
major tonal and color correcting in 16 bit and then if you must
convert, do it now but maybe duplicate and merge visible layers and
always keep a cpoy of your large file just in case.
good luck and many good thoughts,
carolyn
www.carolyncoffey.com