I appreciate what you're saying, and largely agree, but I'm not sure your photography analogy holds up. Although this could just be my ignorance of photography because I'm not 100% sure what data "raw" formats hold. But from the sounds of it, that might be closer compared to a tracked out song, meaning pre-mixdown, where you're accessing individual instrument recordings.

As an aside, I know producers who have sampled from lossy formats and had those songs put on major labor records. It's not that big of an issue, though I suppose how the sample is used could make in impact on it.