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Thus a Tiff will stay the same whilst a jpeg will degrade over time.

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Only if you subesquently edit it further. A Jpg that you save and then view only will remain as it was created.

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Yeah, my thinking is that if I get a good workflow going with RAW development then I will just save as jpegs...and that if I decide to go back and edit then I will go all the way back to RAW. But I guess the key is to get it right first time round