Originally posted by emalvick It's important for those that don't know to realize that DNG isn't really a format but more of a container. What ends up happening is the DNG you get out of your Pentax is not quite the same as the one you would get if you converted another RAW format to a DNG. This actually becomes a factor with software that supports some but not all DNG files. For instance, the old Bibble software used to accept DNGs that came out of the camera (such as those from our Pentax cameras) while it didn't support those that came from Adobe's DNG converter.
As far as Pentax is concerned, there should be almost no difference between the files you get out of your camera be they PEF or DNG. Pentax has created them to be nearly identical. I think the reason for the DNG format is that software that more uniformly supports DNG files (Adobe products are one obvious example, but non-Adobe products do occasionally) will support your Pentax camera's DNG files before they may ever support your PEF files. The DNG container is supposed to allow for this.
This benefited me when I got my K3 because at the time DxO did not support its PEF files, but it did read the DNG files. Of course, that didn't mean DxO's software had the profiles already, but it was enough to allow me to at least read the RAW files.
Now, I do think there is good reason to potentially use PEF files vs. DNG files, and that is the one listed in this thread regarding the use of sidecar metadata rather than embedded metadata. It's a matter of personal preference, but if you have PEF files, software will only save metadata in XMP sidecar files. So, if you are cataloging your software with keywords or PP in LR, the information will be stored in the sidecar files. Once you have the PEF files backed up, you only have to back up the changed XMP files, which are much smaller and quicker to write.
With DNG files, all that information is embedded in the container. So doing all the above saves the information within the DNG files, and you have to back up the whole DNG file each time you make edits to the metadata. You are in essence transferring more data, writing more data to your back-up drives, and so forth when you use the DNG format.
Of course, if you only tend to process metadata and PP once, it may not matter. The one benefit of DNG's in this regard is that you don't have to move two files around if you need to shift your files around or share them. You have one file that has the metadata self-contained. Using PEF's with XMP files means that if you are using File Explorer you have 2 files for every photo, and they need to stay together if they get moved (or you lose the metadata). Then again, that can also be a nice security feature since you could share PEF files without metadata, but rarely do we share RAW files of any kind anyway.
For myself, I use DNG files. The extra operations didn't matter much to me, but I am second guessing it as I can tell that things aren't as smooth as they were with the larger DNG files I get from my K3 (vs. my K5). I'm contemplating using PEF files just to see if it makes my workflow a bit smoother. My catalog software can deal with either quite easily, as long as I don't mess with my files outside the catalog (e.g. using Windows Explorer). With software like DxO optics Pro, it may not matter much as the PP info is stored in a separate sidecar file from even the metadata. In that environment, changing to PEF may be a moot point.
I have to disagree with the DNG is more of a container thing. The DNG specs say how the files have to be encoded, so that any DNG decoder can decode the files. There is some lossless compression possible, but how you do it doesn't matter, as long as the decoder is able to decode it. That's why the DNG output of the camera is different to that from the Adobe converter. The camera encoder isn't as sophisticated, it needs to be fast on a pretty slow processor. The PC based encoder can do a better job, as it has much beefier hardware at its disposal and has more time to do the job.
At some point Adobe added lossy DNG, which is essentially a hacked JPEG file that is capable of saving files with significantly higher dynamic range than a traditional JPEG can, and that lets you do all the kind of adjustments you could on a true raw file, like white balance etc. I've used these files, and I don't see a real downside. I use it on low ISO files that aren't so important. (Btw., it would be cool if Pentax added this capability... imagine those situations where you need a high frame rate for a long time... you need to burst for a while, that is possible with JPEG files, but less so with raw files because the files are too big. But with this, you'd get JPEG sized files that you can properly edit like a raw file, and that include most of the dynamic range of proper raw files, etc.). But I digress, Some DNG decoders will struggle with these files. They shouldn't with lossless DNG files, if they do, maybe Adobe changed something in the format. But I expected Adobe to stay downwards compatible.
True, with the sidecar files, though good backup software will only store the changes to the files, so there is little difference to using sidecar files.