Your question could be the same of: "Is there any advantage for Shooting with more informations over less information?"
You get the answer by yourself!
Think about the old film roll... that's the RAW; and then think about a normal photo lab print... that can be considered as a JPEG (a mix of paper quality and compression of color that "fits" the printing technology - and Jpgs are a digital print output.
Of course it takes more time, memory, hardware and software performance to work a RAW file. But it definitely worths that "effort".
Than at the end you'll have your personal interpretation of your digital High Quality .JPG, or your digital Highest Quality .TIF.
By the way: does anyone consider the .DNG raws over proprietary raws?
I wrote an article on my phlog, talkin' about some (solved) issues from Fuji's raw files management, with some more information (which I think is a good thing! :-).
If you want take a quick read at hdphotography.org
I think you can better ask for a comparison between .TIFFs and .JPEGs, because they are different systems to get an output.
RAW is an input.
have a nice "shootin' time"!