PSCS2: RAW files as Smart Objects

[paparazzi]

Here's a good tutorial on using raw files with Photoshop CS2's new Smart Objects feature. In a nutshell, you can embedd a raw file into a document without making the parameters final. In CS, once you open a RAW file, all the settings are final and if you want to change the settings, you'll have to open the file again. With CS2's Smart Objects, you can tweak RAW parameters without reopening the file all over again.

Check it out here. Very useful for photogs.