The other reason for shooting RAW, which you have implied here, but is worth highlighting, is that you have much greater ability to 'recover' from bad exposures.

If you horribly underexpose a JPEG, that's pretty much it. Any attempt to rescue it will begin to look horrible very quickly. The extra range afforded by RAW lets you get a far more acceptable result.

I've personally experienced this on a large scale when a combination of camera troubles and forgetfulness made me underexpose 90% of the shots I took at an air show.

I've since learned to keep an eye on the histogram, but there are still some opportunistic shots that benefit.