Yes, my black and white are all from raw files too, some with additional processing in Silver efex, some just tweaked in Photoshop. But the files I get from the 109 seem to lend themselves to very satisfying black and white. In any event, yes the camera is "punches above its weight".Just to make it clear to everyone the camera was set to produce a standard colour output file, the black and white conversion was done in Silver Efex, the green foliage being lightened by the use of the green filter effect and adjustments made to shadows and highlight together with an adjustment of soft contrast to give a better spread to the mid tones. Unusually for me I worked that magic on the camera jpeg file rather than a jpeg produced from the raw file. However as you say Lawrence a "nice little shooter" or as I might say a little camera that punches above its weight.