monkey44 said:
I'm shooting RAW with a 7D2 and 5DM3 ... when I do the conversion, it asks me which one to convert into ... 16 bit Tiff or 8 bit Tiff ---
Imho your best bet is not to convert raw at all until the last possible moment. For this, use ACR (Adobe Camera Raw) which is Lightroom and part of Photoshop. The advantage of this workflow is that it's non-destructive and you can revert anything at any moment. Last not least, you might profit from future developments in the raw conversion process (esp. denoising).
monkey44 said:
Can anyone explain which one and what is the difference - I mean, I can see 8 - 16 is twice the size (or is it depth) ... I'm not very tech smart, so please explain this in lay terms, basically -- thanks ... BD
The current Canon resolution is 14bits, i.e. with 16bits you're wasting two bits - doesn't matter if you compress the tiff file though. The largest difference you'll see is in gradients, for example an evening sky going from somewhat blue-ish to something red-ish. Using only 8 bits will introduce nasty color steps and make your precious dslr look like a mobile phone.
Note that 16bit files need more memory when editing and more hard disk space, but in the year 2015 of our lord (other year number for followers of other lords) this shouldn't matter unless you're stacking a lot of layers in Photoshop.