PS Quicktips Episode 58: Getting Smart with ACR
One of the best things about working in Photoshop is the ability to place and work with smart objects. Now with the innovations of Camera RAW 4 and Photoshop CS3 we have the ability to take any file from Camera RAW and place it into Photoshop as a Smart Object.
This will prove to be a great advantage as you work in Photoshop because you can now have the full functionality of a Camera RAW file directly within your Photoshop projects which will allow you unprecedented creative control.