Maybe I should probably post this in a photography forum, but it seems like a simple question so possibly not worth the effort...
Anyway, the question is, what is the point/advantage of shooting in RAW format?
My understanding is that RAW is is effectively the raw, unprocessed output of the camera sensor. Besides giving control over noise reduction and compression, what advantage does shooting in RAW give you? Surely you can adjust the saturation, contrast etc. for a JPEG just as easily?

