1) Capture - I usually just capture to a CF or SD card. If it's something important, I have the camera mirror the images onto both cards or extra redundancy.
2) Import - I have Lightroom import the files and, when RAW, convert them to DNG. Lightroom imports to my local machine and to a RAID 5 NAS.
3) Once I've confirmed import into Lightroom and done a quick pass through the pictures, I format the card(s) in the camera.
4) I make a pass through Lightroom and tag the photos as keepers, rejects, or maybes. I delete the rejects. I keep the maybes but don't do anything with them. I do all of my work on the keepers. I occasionally promote a maybe, particularly when I decide I prefer it to a similar keeper.
5) When I'm done with my deletes and edits, I sync my local folder with the folder on the RAID 5 NAS.
5) At night, a backup job syncs the NAS with another similar NAS so that I have two online copies of each photo.
6) Each month, I run ArchiveCreator and build backup DVDs for the month. I make two copies of each disk and verify them all. One copy stays home and the other goes to my office.
I don't currently do any old disc checks. When I switched to DVDs, I rebuilt all of my CDs as DVDs. I plan to switch to HD-DVD or Blu-Ray next year, at which time I'll reburn all of my DVDs.
I also upload most of my finished JPGs to Smugmug.
Every few months, I sacrifice a fatted hummingbird to the gods of photo preservation and ask their blessing on my storage systems. I've lost two drives in my NAS boxes in the last 6 months, so I may need to change my offerings.