Sure, shooting RAW can help you improve a goofed-up image. But it really shines when you get the exposure right. Using the Adobe Camera RAW processor that comes with Photoshop, you can take a good image in all kinds of new directions. And because of the RAW file's inherent flexibility when it comes to white balance, you can get an incredible range of results when converting to black-and-white. Then, once you get a monochrome you like, you can even split-tone your photo for extra depth and beauty, all before you even enter Photoshop itself. Here's how to do both.