What actually makes RW2 different
Panasonic applies very little processing before writing an RW2: little or no compression, and a minimum of metadata. That is the appeal - the file stays close to what the sensor recorded, which leaves more room for editing later - and it is also why an RW2 can be surprisingly large for its pixel count, and why there is no cheap shortcut to reading it.
The trade-off is that fewer baked-in conveniences come with it: no compression keeping the file small, and no colour profile doing some of the work for you. This page decodes the frame locally and hands back a full-resolution JPG using the white balance recorded in the file - a plain render of the data rather than something the camera dressed up first.