Digital BW, The Print

Is there any point in working with the color temperature and tint 
sliders in Adobe Raw if the image is ultimately going to be converted 
to monochrome?  Intuitively, it seems that the color balance should 
affect the tonal range as it affects each of the R, B and G channels 
differently.  However, that is no more than an uneducated guess.  

As an aside, I have just started experimenting with a new Canon Rebel 
XT with the EFS 17-85 lens.  While I have a lot to learn, it is clear 
that the image stabilization really does work well.  I have shot at the 
85mm end of the zoom (135mm in 35mm terms) at a 30th with reasonable 
results.

Steve