Hey James;

That is pretty similar to my workflow, except I don't always do all steps and I seldom save the PSD. For most of my family "snapshots" I'll just do a quick edit with DPP: color/whitebalance & cropping mostly, and sometimes the lens optimizer or adjust various sliders (highlights, shadows, exposure, saturation, etc). For shot's where I think it is worthwhile I'll open in photoshop and do further edits there. This really varies with the shot and I've been trying to expand my options here. I'll do any mixture of exposure blending, focus stacking, luminance masking, color corrections, etc. I'll always save the RAW files and then a JPG once any edits are done. I very rarely save a PSD or TIFF file as I don't really want to waste the space and I typically don't go back to a file after I've finished the edits. If I do, it's usually because I want to try something different so I'll want to start from the RAW file again anyway.

Interested to see other's workflows too....

Stephen