Trevor/Rick/Daniel - thanks for the explanations. I did some follow-up Internet searches based on your info, which confirm that you were all pointing me in the right direction.
Thanks again!
After sniffing through Wikipedia on "Color Filter Array" and "Demosaicing" (another great US extension to the English language), I did a few Google searches and stumbled on a few articles by Craig Stark (of PHD and Nebulosity fame).
Attached below is one of Craig's articles from September 2006 titled "Debayering Demystified" which reinforces your comments and explains further.
Jeremy - yep, the Starshoot Pro pics at that website look fantastic. A great example of what can be revealed using an affordable OSC camera combined with a great location and good processing.