AFAIK, using the plug-in ends your editing of the raw data. That is an important consideration.
Hi Andrew,
That's correct, although most of the LR controls are applied on what is basically already Raw converted image data. The only difference is that the parametric LR controls will recalculate the adjustments in a predefined order all over again when something is changed.
I'm not sure at what stage the HSL controls are actually applied by LR, but if the order of the control panels is an indication, it is going to be pretty late in the sequence as well. The HSL corrections are IMHO also something that comes pretty late in the order of all corrections, in the creative part after all basic adjustments are in place already.
So, as a finishing touch, one could use only the HSL controls of such a plugin (although it has much more to offer), and if need be save the settings as a preset to tweak and re-apply them should one want to change the basic Raw conversion in LR. As an alternative for those who also use Photoshop, the final 'master' TIFF could be saved with an adjustment layer, or smart layer, holding just these corrections.
Cheers,
Bart