>Not only does it not change the RAW data by changing the WB,
>it also does not change the exposure settings when the picture
>is actually captured.


Huh?

By 'exposure settings', do you mean ISO, shutter speed and aperture?

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My toys: gripped D600, gripped D7000, D60: Nikkor 10.5 fisheye, 10-24, 17-35 2.8D, 18-105, 24-85, 50/1.8D, 70-300, 105/2.8D Micro, 500 f/8 Reflex: Sigma 600mm, Celestron 2000mm: PB-6 bellows, auto macro tube set: SB600: Manfrotto 055XB/804RC2/390RC2 & 560B-1: Gossen Starlite: Easy-Up AP1500: 40' WonderPole