Originally posted by MikeeMax
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I often bake gamma when I know from the begining that image is almost totally done straight from frame buffer; it's faster
When I know that I'm going to make an amount of compositing, color correction or whatever post producion work, I always save WITHOUT baking gamma and apply an inverse gamma 2.2 curve layer in photoshop (top of the stack).
Trying to summarize the reasons I can say that it's related with the following:
linear space: rgb 128 + rgb 128 = middle gray + middle gray = full black
non linear space: the previous equation is not totally correct
Probably it's not a totally correct explanation but more or less it is
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