I noticed with my D300 that the photos "have snap" in the first few seconds after they are imported raw from the camera and then, as LR's processing catches up, they suddenly go "flat", most notably in the reds and oranges. When I loaded the raw files into Capture NX, they were much "snappier". I recently acquired a D3 and the problem is even worse. The LR conversions look dull compared to the same NEFs loaded into NX. With the D3 files, highlight detail in LR appears blown out where it is clearly visible in the NX conversion, and at the same time, shadow detail visible in NX is lost in LR. I love LR, but it's NEF conversions are terrible. Does anyone else have this problem? Sorry for all the non-technical terms, I'm just trying to describe what I see.