Originally posted by wildman Of course that's precisely what a independent third party RAW standard would avoid.
Standard - Conforming to or constituting a standard of measurement or value; or of the usual or regularized or accepted kind
A RAW standard is independent of the hardware by definition - the manufacturer simply makes camera bodes that write files that conform to this independent standard.
Unless I'm totally misunderstanding your post.
A "RAW standard" is quite a meaningless terminology seeing that future cameras will continue to have added functionality not even contemplated today. One cannot devise a "standard" based on a moving target. This is what the K-3 II case has now proven to us. Best you can expect is for DNG to cover a few generations of model updates which are similar except for MP count f.i.
A future camera might have a need to store data not yet even imaginable to us now such as multi-angle images, Lytro-type light-field information, some newer type of GPS stabilization, newer EXIF fields etc. etc. (multiple images with pixel-shift would be a nice example of course which we could not have thought about 10 years ago). Who knows, potentially even the TIFF/EP standard of the raw sensor data storage inside the DNG and many other formats such as PEF, NEF etc. may be challenged as insufficient. In that, DNG will be in exactly the same position as proprietary formats.
DNG is a great solution but in its lack of future-proofing, it is no better or worse than PEF (or NEF, CR2, ORF etc. for that matter). It works out very well if you have different bodies which can all produce DNG raw files, streamlining your raw workflow if your software cannot handle a mixture of formats in one go, it is a great temporary solution when the camera proprietary format is not yet interpreted by one's favorite bit of software (until the next update, that is). It's also great for exchanging raw files with others who lack the software required (if you would ever want to do so).
First and foremost, to me at least, it seems like a solution without a problem. If Adobe would drop support for proprietary raw formats in ACR tomorrow, would that be acceptable to anyone? If it is not, why worry? If your PEF is supported by today's software, chances are it will be by all future updates to that software as well.
DNG can be handy once in a while and you can convert your PEF to DNG at any given time when needed. Adobe guarantees the conversion does not cause any data- or quality-loss, don't they?