Writing on his Unclouded Photography blog, Vassilios Zacharistsev has strong words to say about the shoot-it-RAW mentality:
I almost always shoot a combination of RAW+JPEG and decide what to use, and what and how to process, afterwards. I have somehow changed my views on RAW vs. JPEG use during recent years. Actually, a couple years ago I published an article in my previous blog, which was decidedly pro-RAW, in terms of methodology and practice. Now, I’m inclined in viewing this matter in, hopefully, broader terms. And, to be absolutely honest, I now find the “I shoot RAW” mentality -which was even made into a kind of a cult in recent years, full with assorted T-shirts- kind of hilariously childish.
Vassals has some particularly interesting comments to make about the relationship between RAW and JPEG and you can read the full article here.
I can also recommend this excellent tutorial on RAW processing at Cambridge in Colour