I save as half float (16bit) EXR, reasonable file size and plenty of adjustment in PS as long as it's in the ball park when rendering without frame buffer adjustments. PS thinks they're 32bit, I correct this straight away which lets you use all the tools. I have an action to do this which converts it to a smart layer at the same time, which I then apply Camera Raw to (I also love the free Nik Collection filters). I can open and drop any updates into this smart layer without affecting any adjustments or layers above. Bonus, Camera Raw doesn't apply any whacky adjustments by default on 16bit images.
Edit: Bobby, your workstation is a beast, PS Camera Raw should not be choking!
Edit: Bobby, your workstation is a beast, PS Camera Raw should not be choking!
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