I've read somewhere that Dynamic Range settings (100% - 300%) has an effect on the RAW file as well as the Jpeg, but in what way? I haven't noticed a difference to be honest. But what about other settings, like Grain Effect? I did some test shots and I did notice an effect on the RAW files, am i imagining this or could the be an issue with the processor? And finally NR, does it affect only the Jpeg or the RAW files too? Thanks for any clarification. X-E3 user.