Pending upgrade to CS4 I'm stuck with Silkypix for my LX3 raw files. As I really don't want to learn to use another raw converter on top of ACR and DPP, I planned to download Adobe's DNG converter. 2 questions - does the DNG converter itself open the Panasonic raw files - I don't really understand the workflow to get these into ACR, and secondly, as I'm using CS2, I'm stuck with ACR 3.xx something. Can i download the latest DNG converter (5.xx) or should I dowload an earlier version to stay in sync with my version of ACR
The answer to your first question is yes, the latest version of DNG converter will open and and convert LX3. files. However, there's an enormous "BUT" attached to that. Because the current version of the DNG spec doesn't understand the LX3's lens corrections, whet you get is a demosaiced, linearized, lens aberration corrected, color converted file, effectively a TIFF in a DNG wrapper. When you open that DNG in whatever other program, what the program will read is the demosaiced, linearized color converted data, not the LX3's raw data.
Re using the latest DNG converter with ACR 3.xx, as far as I am aware, DNG converter is entirely stand alone; there should be no problem.