Nope there is give and take to each cam, you got to find what fits in to your experience level, your photographic ability, and your budget. PS will not read the RAW file, PhotoShop CS has a RAW converter with it, but even that has to be updated at adobe.com to read Fuji's .RAF extension. There are a few freeware RAW converters that are supposed to be decent, the one bundled with the fuji software sucks! Loof for S7DRAW or something like that. I'll find it tomorrow and post a link. RAW also provides a better image, and if you under expose the pic...you can bump up the exposure etc....