Unlike a lot of people I generally evaluate all my images by eye on the LCD. I never used highlights on my D100 - although I did have it on quite a bit this week with the D70 - and liked it. I only use the histogram sparingly. I am happy with my exposures - and I rarely feel I need the histo to tell me so. Others find the histos very helpful so I wouldn't necessarily encourage people to do as I do in this area.
I'll do a D70 impressions post when I get a few minutes. I very much enjoyed shooting with the camera and am VERY VERY pleased with some of my images (particularly wide angle). They are under wraps for now, but I don't say "very very" that much!
My feeling on RAW files - I've updated ACR now - is that I think ACR is generally better/easier for correcting colour balance than Capture. If I was a land photographer shooting people I would definitely use Capture for people photography etc. But as an UW I prefer the colour control of ACR. With or without Ikelite strobes (just thought I'd keep to topic!).
Alex