This is actually something I didn't even touch on in my first post (gotta hold back some material for Volume 2!), but that's only because this has been a non-issue in my (highly unscientific) experiments thus far. I haven't seen any differences with the lossy compression (certainly not on par with something like using sRAW on Nikon, for example), so I'm not bothered with it.
I do plan on further testing, as the few examples I've seen show the "best" examples of the data loss happening in high contrast night photos. Maybe I'll take the camera down and spend some time photographing street lights around our neighborhood tonight and see if I can notice any differences in direct comparisons.
On a semi-related note, I wish manufacturers would allow for lower MP, lossless raw files. 42 MP is nice to have for landscapes, but I certainly don't need that for a photo of a cupcake I'm shooting for the blog...
On the D750, you get your lossless 24mp...
I shot the compressed raw files on Sony for years.... I would say it was very very very rare that you were really losing any image quality. But when pushing images really hard in post, in high contrast, you may see some differences.
So Tom, any of the GM lenses on your horizon?