Alan,
When I save a file with Capture NX, the file loses any star or color rankings I have applyed in PM. Is this normal? I'm working with NEF files from a D200.
Go to the Preferences dialog, click on the Files tab. Near the bottom is a setting titled: "Add tag, color class, and rating to IPTC/XMP:" followed by a popup menu. Change it to read "For all photos". Click OK.
Now when you rate, tag or color class a NEF file, the edits will be stored inside the IPTC/XMP data. You should also set you IPTC/XMP preferences to look like this:
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