Laserschwert said:

Of course storing them as RAWs is a waste of space, as there are enough file formats with lossless compression out there, like PNG or TIF, that also support more than 8bit color per channel.

RAW files allow for much more adjustment than other formats (at least they do with my personal photos in photoshop's raw editor) because they're the files without any interpretations of levels or exposure, iso etc put on them by the camera. Can the point and shoot you guys are using shoot in RAW I'm just curious, it's not really necessary, you guys are getting great results as is.

I've never captured a motion picture of course but as for the workflow I'd imagine that you'd get better looking results batch editing in photoshop (you could create an action with all the adjustments for each scene). It might just be because I have more experience with photoshop that I think that though.

I'm sorry I keep pestering you guys with all these questions, I just think the process is so interesting! :)