So, I don't see an answer to the OPs question:
There are more than one answer:
- You want to record the data exactly as they come from the sensor, without even using a fully reversible compression scheme: use 14 bit uncompressed. Caveats: smaller buffer, larger files (also longer to read and transfer),. Advantage: none, really, but, if that's the option you are comfortable with, disk space is cheap and life is short
- Same as above, but want to save some space etc. Still not comfortable with the idea of round up in high lights (see above about what you're comfortable with life is short etc.) 14 bit lossless compressed.
- Same as above, want to save as much space as possible w/o
any compromise in the recorded
information 14 bit lossy compressed (which Nikon refers more appropriately as "visually lossless").
- Short on card free space and being able to squeeze more shots on the card is more important than a very minor (in most cases) loss of info in the shadows use 12 bit lossy compressed.
Nothing wrong with picking a choice that you feel comfortable with, but the 2 sensible choices are the last 2, depending on the situation.