I rarely shoot RAW, and only do it when I KNOW I'll be doing a lot of post processing work. If you just want shots that are good straight out of the camera, then most cameras have pretty good JPEG compression algorithms that will not produce much of a noticeable loss of quality at all.
Even if you shoot RAW and compress to JPEG later on a computer, there will be some quality loss, since JPEG by nature is a lossy format that does things such as average colors across several pixels. The only way to ensure you have "100% original quality" photos is to save using a lossless format like TIFF, but the resulting files are absolutely huge and the quality difference is rarely noticeable even if you are looking at 100% crops.
In some instances, RAW is useful. For example, some of the Panasonic superzooms with the VENUS III image processor applied very aggressive noise reduction (fixed in VENUS IV) in camera. If you shot JPEGs with those cameras at high ISO, then the images would look smeared. By shooting with RAW and post processing, it was possible to get around the heavy in-camera NR and produce marginally more detailed (but more "grainy" looking) photos.