Workflow with Lightroom and CS4 with RAW files

I am wondering what is the standard workflow most use when using both programs. I just got Lightroom and wondering how should I use it best?

I am thinking something like:
Open RAW in LR -> RAW Adjustments (taking advantage of LR's non-destructive functions) -> Any further adjustments (minimum for fine art photos, but this can be all I need for everyday casual shots)-> Export it for CS4 -> CS4 editing with layers -> Print from CS4 -> LR for cataloging the final image

Is that what most of you do?

Another question: how many use sharpening in LR on the RAW files? Is there any advantage?
Thanks

Well, you can do the exact same non-destructive RAW adjustments with ACR in CS4 as you can in LR, so starting in CS4 might save you a step in your workflow.

you are right John. That's what I do now. But I am wondering if there is any advantage of using LR in conjunction with CS4. Or should I just use LR as a cataloging tool?
I know that I am going to use LR a lot for casual shots (mostly I take of my 2 yrs old and other family shots) - but I am trying to understand whether and how can I use it for my more serious landscape work.

Thanks for your response

Hey Arnab, I currently use lightroom and CS3 in my regular workflow much the way you described. Aside from the cataloguing aspects of LR (which is the real strength of the program) I much prefer the user interface of the raw converter (aka develop module). I like moving down the panel of tools as I work an image without having to click through a bunch of tabs like you do in ACR.

My process is as follows: Canon DPP to quickly view a folder of new images, cull the crap, and rename selections that are moving forward (very fast) - import folder to LR - rate and keyword - global corrections to images I like or need - if needed open copy with LR adjustments into PS - layers, selective edits, etc., save file. If I'll be making a print I resize and sharpen a surrogate from the master file but then I return to LR to print it. Again I really like the user interface of the print module plus I noticed that CS3 didn't provide full support for my epson 2200 (I know it's old) so I was finding that at larger paper sizes my images weren't centered on the sheet. No problems with LR. I haven't gotten my CS4 yet so I don't know if I'll run into the same issue or not.

I use LR and CS3 but do much the same as you described Arnab. I do as much as I can in LR with the RAW file then send it to PS. John's right that you can do the same things with ACR in PS that you can in LR. What I used to do was use LR on the road on my laptop for initial viewing, culling, cataloguing then transfer them to LR at home and work on them in PS. I've changed that more recently; however. Having started to work more with Smart Objects, I've found it's easier to open a file as a Smart Object in PS from LR than it is to do it directly in PS, so I've started using LR more for the adjustments on the RAW files.

I use LR and CS4 just as Arnab described with one added difference, I print from LR. Also there are some Presets that can make the post-processing faster.

I do just like Kurt. Enjoy your new software. I love LR. Sharon

Thanks everyone