Hey Ryan
You may have started - or re-started - quite a debate. I had a Coolpix 5000 system and shot RAW and now have D100s and shoot RAW. There is no doubt that the frustrations of missing shots while waiting for the RAW file to write to the card was one of the reasons I moved to DSLRs.
Why shoot RAW? Well its better, isn't it? It has all the data and is lossless. So it has to be better. However I recently attended a very good workshop organised by Oceanoptics in London where Charles Hood argued very persuasively that shooting JPG was just fine - even for commercial purposes. (You can always switch it to TIFF before handing it to the agency/user and they'll never know the difference)
Charles argued that you could shoot JPG and then use a JPG copy of your original JPG file (which you never modify or re-save) to create a TIFF and work on that. He also argued that you could save a JPG many times (20 I think he said) before the image shows degradation. So provided you are not going to do major work, it is perfectly possible to work entirely on JPG.
The advantages: speed of processing, less memory used up, less hard disk space, unlikely to have camera buffer filling-up issues.
I may not be quoting Charles perfectly bu this was the gist; and he was very convincing.
And I'm still shooting RAW. Well it has to be better, right? 