Barry,
Here is my point. I am familiar with DNG after doing a fair amount of testing with it. I am also familiar with some problems it has caused for a client of mine who is a fairly well-known art photographer.
First, let me clearly state that I am restricting my comments to both Canon and Nikon formats. As I said earlier, this also does not apply to using DNG as a "native" format out of the camera (I have no problem with this if a camera manufacturer wants to adopt the format for this - this is not an issue).
However, I have seen first hand, that images which were converted from the native RAW and images converted from the same file in DNG are not the same in quality! This is NOT a problem with the default concepts in the DNG format, but a BUSINESS REALITY!!!
There have been comments here that DNG does save all of the "proprietary" information. Yes, it copies what it doesn't understand into itself. However, this information is then basically ignored by Camera RAW when converting - it uses the Baseline information (as would most all DNG conversion engines) to create the image - it is faster, and more standard to do so. Since the "proprietary" information from a camera manufacturer would change over time, it would be a nightmare for a DNG program to do anything less, and since "Joe Average" wouldn't notice a difference, why bother. Quality trade-off vs. portability is worthwhile 'For Most'.
However, for a vast number of professionals, it is not a worthwhile trade-off, and a conversion engine which does indeed use all of this proprietary, camera specific data is much more appealing to the serious professional for whom DNG is not a native format, wether this is through the camera manufacturer's own engine, or a third-parties who had reverse-engineered it.
Again, now a third-party could also provide that knowledge to untangling the proprietary/camera-specific information in the DNG, but can someone please tell me what the point of this is? Is the point of DNG that, well, in the future, I can at least get something? That seems to be the answer.
At this point, if there are new cameras released with new information, unless I upgrade to CS3, it is clear that I will not be able to properly work to create these DNG files from within Photoshop. Where is the "longevity" of support arguement here?
For users of Canon and Nikon equipment, the vast majority of professional photographers, the number of programs, files, workflows, etc. that support DNG is pitifully small vs. the native formats. If anything is going to survive a this point it is NEF and CR2 - DNG's future is greatly suspect.
So, let me say, one last time, I DO NOT SEE ANY BENEFIT TO DNG FOR THE SERIOUS NIKON OR CANON PHOTOGRAPHER AT THIS TIME - AT THIS TIME I SEE ONLY POTENTIALL COMPROMISED IMAGE QUALITY AND FUTURE PORTABILITY.
Again, I do not care about the "capabilities" of DNG. Capabilities which will never be used or are of no "end-benefit" are not of any use to anyone - nice, but not important at this point.
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Peter Sills
Digital Focus
http://www.digitalfocus.net
http://www.focusstudios.com