I switched to RAW a couple of months ago and LOVE it. The main reason: I have a lot of white balance issues since we use CF bulbs, so any shots I took indoors had horrible color casts, and because the JPEGs had already been processed in the camera, when I tried to fix the color cast it didn't turn out pretty. With RAW I can fix it NO problem. I usually just do a quick auto edit to my RAW files, then a quick tweak so that my photos don't look blue (because that's what auto does with my light bulbs), and batch save my files as JPEGs. Then I've got my beautifully edited JPEGs to use for whatever. It has also helped me to delete more blurry pictures because I am forcing myself to edit right away so that I don't get behind.
If you get decent pictures straight out of your camera, you are probably just fine shooting in JPEG, and you can still use the Camera Raw editor on a JPEG, and it'll work fine for the small tweaks and adjustments. But if you tend to mess up photos while taking them (like I definitely do), RAW gives you a chance to fix things after the moment. My goal is to take great shots with my camera so that I can start shooting in JPEG again, but for now I love RAW.