This is great! I think ACR is the best raw processors on the market (for me, my camera, my style
of shooting) - One of the biggest features ACR has it allows you to clip the highlights to
lets say: 253 (instead of 255 default) & the shadows to 03 instead of "0" & save this as a "Preset"

Well Light Room reads this ACR Preset & applies it to the RAW images. Perfect! Applies the
ACR "03-253" preset then I can adjust as necessary in Develop, Open the images in Photoshop
& the shadows & highlights are already set!

Yes, I think that's great too. I'm using the new presets with LR 2.0. It will put the RAW file in a state that looks much better to begin with. A lot better than the default settings of earlier versions of ACR.

Now I just need Viveza for LR and I can leave Capture NX :-)