howarde:Personally, I think of WB as a relative setting, since the RAW imager has the slide bar or some other temperature control setting... I would go with my original guess that the WB setting on the camera saves a file with setting info, and that if you use the cameras software, it reads the saved info, and uses those adjustments as a "baseline"
That may be true, certainly seems to make sense.
There are decisions made at every step of the photograph process, including decisions made in the camera. Even with film, a truly "raw" medium, there were built in casts.
But I think the OP was asking if RAW was affected by white balance and, at least in every camera I have used, it is.
I Just looked in the file and at Photoshop, I don't see any additional information written. I also switched from the shot settings to Camera RAW in PS and the image is the same.
Jeff