which would be the best raw processor for the XE-1?

nixda wrote:

In terms of post-processing latitude, linear DNG provides the least biased image (no gamma, no tone curve, just demosaiced). Next best thing is linear TIFF (gamma = 1), then TIFF with gamma set to the appropriate value (plus correct white balance and exposure, if so desired).

In the end, it probably doesn't matter too much. If the RAW processor can handle basic image processing aspects, then one might as well do as much as desired in the RAW processor and go the TIFF route. If, however, someone is experienced and prefers working with, say, LR/ACR then going into ACR with the least biased, greatest-latitude file might be the better route in terms of workflow.

AccuRAW provides both options (linear DNG, TIFF, plus output as JPG as well).