I work in RAW with a Fujifilm X-E1, and Photoshop CS3. Since I got the camera almost a year ago, I have been successfully able to convert RAF files to DNG files using the Adobe DNG Converter so that I can use the files with CS3 - until I downloaded the latest version of the firmware for the X-E1. Now DNG does not see the RAF files, so I can't convert them. When I point DNG Converter to the folder with the RAF files downloaded from the camera, Converter says "No items match your search," but the files are definitely there. I am using the latest version of DNG Converter (8.2). What is wrong?
Apparently, something in the firmware has made a change in the structure of the RAF file that makes it not recognizable. You might want to contact Adobe. Sometimes Eric Chan checks in on the forums. He would be a good source for this one, I think.
Actually I found the problem in an earlier post. If I point DNG Converter to the correct folder, it will convert the files in the folder even though it doesn't show the individual file names on the screen. Silly programming, but that's how DNG works now, I guess.
Since you had already successfully converted files previously, I had assumed you had gotten by that little trap. That is a gotcha that a lot of new users encounter. Glad you're able to get things sorted out.