Viewing Pshop CS 'DEVELOPPED' version of RAW files instead of their 'negatives'

Question .
Is it possible for the thumbnails in Imatch to show the RAW images
(canon d10) in their 'developped'  form when changed in photoshop cs?
 
I tend to leave the files as CRW RAW files and only convert to JPEG of
TIFF when sending to clients. This avoids using up disc space with
duplicates in different file formats. 
 
I do a lot of work in Black and White and need to view,  make
selections, make contact sheets etc etc from their B&W images, and not
their colour 'negatives'. 

Many thanks






 
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