Well done you seem to have cracked it.
Any compressed format will be throwing away massive amounts of data. Shooting in Jpeg is fine until you want to undertake complex editing at which time the missing data will make a significant difference. Why are people so obsessed with small files. I shoot everything in RAW and have done so ever since I bought my first 10D. I create Jpegs for web and for pictures that I give to other people, I don't store any Jpegs. The pictures I edit are stored as PSD files. Disc space is ridiculously cheap as are memory cards. Why spend a fortune on a camera only to chuck away most of the data it produces.
A JPEG file can have a maximum of 16,777,216 tones a RAW file from a modern DSLR can have 2,415,919,104. Do you really want to chuck out almost 2.4 billion tones in you images, I certainly don't.
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