The 'Revert TIFF-based RAW to original' worked for me. As noted below, the only trick is that the 'Backup IPTC/XMP to XMP sidecar files" checkbox in the dialog must be checked/on for the reversion to work. (Not a problem for at all since getting that data stored only in the side car is what I'm after.)
After I ran the 'Revert TIFF-based RAW to original' and unchecked the "Preferences -> Files -> Allow RAW files (non DNG) to be modified for metadata and image preference updates" box to turn it off, I rated, flagged, set the color class and cropped an image all without altering the source RAW file. Exactly what I was looking for.
Thanks,
-a
P.S. A few notes from my testing for prosperity's sake:
* The 'Revert TIFF-based RAW to original' returns my Canon 5D MKii files to their original state (md5 hash == original file) if the 'Backup IPTC/XMP to XMP sidecar files" checkbox is checked/on. I tested this with the "Preferences -> Files -> Allow RAW files (non DNG) to be modified for metadata and image preference updates" both on and off. It worked fine in both cases.
* No change is made to the file if the 'Backup IPTC/XMP to XMP sidecar files" checkbox is unchecked/off, (md5 of ingested file does not change from before/after the reversion is done).
* The 'Delete Metedata' option also reverts the ingested file back to its original state (md5 hash == original file) if I run it with everything _except_ the "Exif" and "Tiff Artist" check boxes checked. (Note: I've got my rig setup to add my name in camera. This value goes into the artist field. Your millage may vary if that's not setup.) I tested this with the "Preferences -> Files -> Allow RAW files (non DNG) to be modified for metadata and image preference updates" both on and off. It worked fine in both cases.