Trev. What do you mean? Compressing what? a jpeg that's 20-30MB, or a RAW that starts at about that size?
If the first, I'd agree that it would be hard to do, but if a raw (say even 40-45MB, such as I usually get and which
produces a best output jpeg of 14MB) is then reduced to 1200 pixels max on a side and it is a 3:2, then it is
doable with not too destructive compression. I have done this often enough.
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(Some time since the last sentence.)
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From a particular raw file just now:
Raw file size: 45.5 MB
Full size jpeg: 14.1 MB
1200x800 jpeg: 382 KB (saved at quality 9 in P'shop.
Whether this results in an optimally detailed file is another thing.