What is the difference in making adjustments to a RAW file in Adobe CameraRaw and Adobe Photoshop?
I have two post-processing choices for the RAW (.NEF) files: 1. After the RAW file opens in CameraRaw, **make** the adjustments to the image and open it as an Object in Adobe Photoshop, so that I can go back to CameraRaw to make adjustments later. 2. After the RAW file opens in CameraRaw, **don't make** any adjustments and Open the image as Object into Photoshop and make all changes in Photoshop. Advantages of choice 2 is that all changes can be made with their respective Adjustment Layers giving higher level of flexibility and can be modified at any point later. Masks can be added with ease. What I am trying to understand is, does making adjustments (like exposure compensation) in CameraRaw give any better results than doing the **same** adjustment in Adobe Photoshop? Am I going to loose any power of RAW file by not making any adjustments in CameraRaw but postponing it to Photoshop?