Adobe Photoshop CS does not read any RAW files. Instead a module called Adobe Camera Raw (ACR) reads and edits the files before they are passed to photoshop for further editting.
All new cameras files cannot be read by RAW converters unless they are updated to read the headers of the RAW data.
I think if ACR is updated then there will be no problems.
Personally I would use Nikon Capture NX to read RAW files from a D200 as its much more versatile and will produce a better quality converted output file.
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