Hi Seb,

Do you have Nikon Capture? It has it's detractors, but what I really like about it is that you can change all the in-camera settings and see the results on the fly. These settings include: exposure, white balance, sharpening, tone curves, color mode, saturation, and hue adjustment. I find this super-useful for tweaking the RAW file before I start any editing. Note that there is a button that will open PS with your current image in Nikon Capture. Also, there is a bunch of other stuff that Nikon Capture does. But I only use NC for basic corrections. I use Paintshop Pro for any images that have become projects.

At first I totally grumbled about shelling out the $100 for Nikon Capture. But after the fact, it is well worth it to me for the fidelity and control over the RAW conversion.

I don't use PS. So, I have no insight to your PS CS2 question. But, I'll do my best if you have any other questions about NC. One reason why I personally would not use PS (or any other program) to convert RAW is that they don't apply many of the in camera settings. And one in-camera that I find so useful is the tone curves. You can download custom tone curves to your D70 for tweaking the "style" of the image.

Also, fyi, get Nikon View if you don't have it. It is free. And it does a great job rendering the RAW images applying all in-camera settings.

Cheers,
Tim