I'd like to know if Jeff Schewe's position has changed about the superiority of the technique described in his "Color Correcting in History" article
, in light of "modern" Photoshop's capabilities (e.g., CS6).
In that article he shows how to use snapshots and the history brush to edit in 16-bit mode. That was back when you couldn't do much in 16-bit mode, but that limitation is largely gone. Nonetheless, there's something attractive about simply retouching by painting.