With the launch of Adobe Lightroom CC 2015 / Lightroom 6 and it’s matching version of ACR, we now have the ability to create high dynamic range RAW files via DNG. It’s pretty impressive that you’ll get all the benefits of RAW such as whitebalance, tint, highlight recovery, etc, in a single file that’s much smaller and significantly more editable than a 32-bit TIFF.
And yet you may have also heard that this new DNG capability is built on a 16-bit technology. “Wait!” You think… “doesn’t that mean I have more flexibility with a 32-bit TIFF file??”