RAW in LR-5 or in RAW processor?

[xpatUSA]

Lightroom has neither "save" nor "save as" options. You save a file by "exporting" it. The export dialog gives you the choices you mention.

Thanks!

I believe that the internal color space in LR is a variant of ProPhoto they call "Melissa." However, LR renders the image on a screen (at least, my screens) in sRGB.

Yes, the difference I believe is that 'Melissa' uses D65 white reference, not D50 per ProPhoto and, yes, ProPhoto is the later name for Kodak ROMM.

[dennybeall]

If you don't care for Lightroom, as I don't, and have the Photoshop CC subscription, you can use Bridge to do preliminary downloads from the camera or memory card and file renames and then move to Photoshop and the file will automatically come up in ACR.

[Jeff S]

I have found that the trick is to find one you enjoy and then take the time to learn it inside and out. Post processing is both a science and an art and requires time and effort to get the wanted results.

Spot on, IMHO.