Learn they shortcuts of how to view what each channel looks like without ever leaving the Layers palette. Also, check out the Photoshop Channels Book by Scott Kelby for a killer guide to working with Channels in Photoshop.
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Author: Matt Kloskowski
Matt Kloskowski is the Education and Curriculum Developer for the National Association of Photoshop Professionals. He has authored and co-authored five books on Photoshop and Illustrator and teaches an advanced Photoshop course for Sessions.edu. In addition to being an Adobe Certified Expert in Photoshop and a Macromedia Flash Certified Developer, Matt is a regular contributor to Photoshop User and Layers magazines and writes weekly columns for several digital imaging websites.