With capture 1 LE the process is very simple - insert card into reader; import dialogue box pops up with your default folder to import into as a target. Click import. While this is happening, the RAW converter opens, allowing you to view the files and start processing them. I find I get better results by adjusting exposure etc on the raw file than afterwards in photoshop - all I routinely do there is resize if required and sharpen (PS has better algorhythms for this), or perhaps radical transformations such as desaturate and channel mix for B&W images.
On the whole I find this gives better results than the jpeg-TIFF route.
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