I believe RAW are not designed to use without processing in the computer. If you want to do the work by your self take in RAW. If you want to let the camera do the work shoot in JPEG. Such small DSLR can not match pc with WindowsXP in capability to do the job. I am interest mostly in insects and birds. If you did not do it right-on the pictures can always be improved. The D50 has spot metering which help but to expect the 3mm spot meeter to measure light falling on smallest insects is a bit too much.
My D50 could be set to process for different subjects. But I never know what the next shot will be. So I prefer RAW than settings in the camera. With RAW you do not have to bracket exposures. If it off by + or - two stops it always can be corrected easily.
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