$129 for a time-limited license seems a little rich for a new application.
afaik it is not time limited. but you get updates for only one year.
if you want updates after this year you have to pay again an update fee for another year.
but if you don´t want updates you can still use the software.
adobe is not so much different with forcing us to new CS versions with it´s ACR updates.
other then that im impressed by the color, noise and detail handling.
i would say it beats LR in all these aspects.
colors who are not correct in LR (no matter what camera profile i choose) are rendered nearly perfect out of the box with Photo Ninja.
i have tested a few of my tricky images and i was suprised how good Photo Ninja renders them without any tweaking.
from foliage to metallic paint the colors look more natural and closer to their real appearance.
sure i can tweak colors to my liking in LR.. but it´s time consuming.
and i have the impression that even with a lot of tweaking Photo Ninja will have an edge.
maybe because the photo ninja demosaicing renders color graduation different?
i notice that where foliage in LR shows just one green, photo ninja shows more color variance and therefore detail.
sorry, i don´t know how to say it better.. im from germany and my english is not that good.
i also like that the influence on shadows and highlights sliders is more limited then in LR.
when i push the shadows in photo ninja the middle tonal values are less affected then in LR.
same goes for the highlights.
photo ninja sure has some workflow issues. for example that you have to press "apply" all the time is annoying.
but they are easier to fix then a bad RAW engine.
not that LR has a bad raw engine.
im curious to hear what you "fineart pixelpeepers" have to say about this RAW engine.
in the end image quality is more important then some workflow issues... not?
and it´s v1.02... there is a lot of potential.
the foundation is there.. an excellent demosaicing engine.
now it needs some polishing on the user interface, workflow and it needs good batch processing.
since LR i was not so exited about a new RAW converter.... that says a lot.
ps:
in this thread in the first post is a picture that shows what i mean:
http://forums.adobe.com/thread/1075979?tstart=0