As I said, there are benefits iin using raw under certain circumstances (e.g. when you can't turn poor pp off and that seems to be the case far to often). I just want to make clear that the lost textures are not caused by jpeg (they are lost in poor in camera pp).I didn't adjust the colors, that is what ACR gave me. I wanted to
show the difference in texture so I didn't bother trying to
equalize them for color. My only point was to show how much the
noise reduction will squash detail. I hate that watercolor smoothed
out look you get from the NR engine.
If Canon gave more color control and Noise reduction control in
camera, then I don't think the loss of Raw would be so bad. Still
wouldn't like to lose it though. But given they way you are stuck
with the "Canon colors" and the Canon detail smoother, it really is
a huge loss.
Regarding the colors, I don't say that you can get the same result by pp:ing the jpeg. I would really like to know and my first step is trying to buy an S70 to start playing (no success so far and I just missed one...) However, I still think that your point (textures) would be better demonstrated if they were pp:ed by experts to try to achieve the same result.