Also don't forget one of the promises of RAW: That RAW developers will continue to evolve, so that you'll be able to generate a better conversion down the line than now. Granted, given the maturity of developers the pace of innovation has slowed down a lot compared to 20 years ago, but there are still incremental improvements happening.

Another advantage of RAW is non-destructive editing, at least in developers that support it and are more than import plugins for traditional editors. I rarely have to touch Photoshop these days.