satnitefever wrote:
So does shooting RAW format mean less noise? I am also wondering..
From my limited knowledge (the official disclaimer) shooting in RAW mode has nothing to do with noise. Noise is generated from ISO ratings, the higher the ISO, the more noise.
RAW does mean however, lossless compression. So you have the ability to save the image on to your home computer, manipulate that image in Photoshop, and save it again in any format you wish without any loss of image quality. The JPEG algorithim removes data from the image every time it is saved - after so many saves you will indeed suffer from noise. (That's how jpeg works its magic, without compression these images would be astonishingly huge, even RAW mode is utilizing some compression that Canon claims to be lossless.)
My understanding is that Photoshop 6 and 7 have vastly improved jpeg manipulation to make even this concern almost dead. Personally, I don't think the benefits outweigh the advantages of shooting in RAW mode, and like others have pointed out in various threads, if you shoot a picture you really like, you can save it in RAW mode right afterward.