Originally posted by Class A You can emulate colour filters in post-processing but some may still want to use the real filters. A real filter (e.g., for incandescent light) can help to avoid clipping in a colour channel. You can achieve the same by using exposure compensation but then you are introducing noise into the channels that did need to be attenuated.
Normally, however, this is completely irrelevant -- in particular with cameras with a fantastic DR like the K-5 -- so in practice one doesn't really need colour filters in front of the lens anymore.
I've noticed this in a lot of my B&W conversions on color photos taken with the K-7. Often the most interesting conversions result in some pretty serious and hideous banding that's hard to get rid of.
I imagine real deal screw-in color filters would expose properly on the channels you were interested in, without over-exposing the ones you weren't. Still, unless you really knew what you were going for, I feel like it'd be worth the hassle of farting around with PP later and clean it up as best you can, instead.