Target Market
The target market of something like the P7000 probably does a lot of post processing and also owns a DSLR. The target market for this camera, or indeed competitors such as the S95 is a step away from there. Somebody who wants a pocket snapper, but with the potential for a little more control when they want/need it. Most of the people I know who are like that never really step away from the scene modes or even the standard P&S "program" mode. Likewise they may own something like PSE, but they seldom use any of it's more advanced features.
Certainly for this kind of photographer a RAW mode would be wasted. I know a G12 user, a keen user who was stepping up from a more basic Canon, who made a big deal about wanting RAW. After the first week with the camera, however, he never used raw as he found the high quality jpeg images gave him what he wanted. Never uses aperture or shutter priority modes, let alone manual.
I OTOH seldom use anything other than Shutter and Aperture priority modes on my compact, even when the metering is fooled by a scene I tend to go for exposure compensation rather than step into full manual. Having said that I usually shoot auto bracket in any mode for the convenience it offers. It's easier then shooting, looking at the preview and then correcting.
Anybody who wants full control over their images is likely to buy a G12, P7000 or similar if they want a compact. If they don't want the bulk of an SLR they might even prefer one of the current crop of EVIL cameras out there.