garyvot Offline Upload & Sell: On
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As a RAW shooter, I disable everything other than CA, because I prefer to see the uncorrected image when reviewing images in-camera, as it helps me better pre-visualize what my captures will look like.
If you do make use of in-camera JPEGs, however, you should use these per your taste. Canon's lens corrections only work with Canon lenses.
A setting you did not mention that greatly affect the JPEG capture quality is Auto Lighting Optimizer (ALO). ALO pushes shadows and manipulates contrast in a heavy-handed way. If I were to use it at all, I would set it to 'Low' ('Standard' is the default--and you can also turn it off entirely).
The only other tip I would provide has to do with your default Picture Style. My practice historically has always been to use 'Standard' with Contrast set to -1 (this improves highlight tonality while retaining punchy shadows). Newer Canon cameras use a terrible high-radius default sharpening with the default Picture Style that produce ringing and halos. It's truly awful, and so I have taken to turning sharpening way down too.
However, the 5D Mark IV supports a new 'Fine Details' Picture Style, which provides similar colors to the default Standard style, but uses a much improved low radius sharpening, and also gives you control of the individual sharpening parameters. This produces more detailed JPEGs without the aggressive sharpening artifacts. I would make this my default, and perhaps set Strength a notch lower.
You should experiment to see what you prefer. A great tool to do this is DPP. Using a RAW capture, you can adjust all of these parameters after the fact in post-processing. This will give you a much better understanding of what each of these various image processing features will do to your in-camera JPEGs.
Hope this helps.
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