No it's not the raw file, (I do understand the difference). The files are in the correct default location, my doc==my pictures==capture one==output. And they are the correct size,
either 118 or 223mb tifs for 8 or 16 bit conversions. However when you try to open one, file==open in CS4, it opens the image in Camera Raw. I have not tried to open them from
bridge yet. I backed off to 5.0, and converted 20 or so files and they all opened fine.
Before I backed off to 5.0 I did try having CS4 open the results immediately after the conversion . On the first conversion it worked fine, but after that all the rest of the files again opened into CS4.
Will stay at 5.0 for now.