Originally posted by Maffer Doing HDR with jpegs equals shooting one's own leg. Same with exposure fusion. 16bit TIFFs are good for fusion if the camera can spit them out.
go back a few pages
pentax raw is only 12 bit to start with, so this entire argument is not as strong as people think.
The bottom line is what ever people are comfortable with,
if you have the time and situational awareness to set your JPEG settings to match lighting conditions. (Just like old time film shooters did between different types of film) then shoot jpeg. If you want to go out and shoot and correct later because that is what you are accustomed to, then fine, go out and do that to.
THe whole point here is there are options and there is no 100% answer. Some situations may deserve RAW whole for others it is a complete waste of time.