From when we started talking about whether taking photos in RAW or JPEG format matters?
I realised there were some differences when discovering some cameras offered another format for storing an image other than JPEG.
This was exactly what I found when I bought my first DSLR Canon D60. The RAW images were darker than normal on the monitor screen.  I could not find good software to convert from RAW to TIFF or JPEG until I used BreezeBrowser.
Now some cameras manufacturers such as Canon and Nikon include excellent RAW conversion tools.  The Canon Digital Photo Photography is a free software to help converting RAW format to JPEG or other commonly used formats, so is the Nikon Capture.
Recently some of my friends asked whether it is necessary to invest in popular software like Adobe Photoshop or Lightroom to handle RAW. My answer is simply no. If you read this article, you will find the free software included with the camera can do almost similar tasks and create similar effects.
JPEG format has nothing wrong although it is a compressed file with loss in quality (JPEGMini offers something different). JPEG still allows you to do some minor editing.  It is not a surprise to find many photojournalists take images in JPEG format.  But bear in mind either RAW or JPEG does not help you become a good photographer. An image is decided when the photographer presses the shutter button.
RAW is like negatives in film and JPEG is like positives (slides).  If you know the limitation of editing in JPEG (slides), you will start to think of the potential and flexibility in RAW format. There is always a price for perfection, and I am sure you will get much more in return.

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