Use Refine Mask Instead of Refine Edge
If your aim in making a selection is to turn it into a layer mask for an adjustment layer, skip the Refine Edge controls in favor of the new Refine Mask controls, found in the Mask panel (Window>Masks) in CS4 â” just click on Mask Edge to open the dialog. The controls in Refine Mask are the same as Refine Edge, but they affect a mask and not a selection, allowing you to see in real time how the edges of an adjustment layer's mask are affected and what works best for that particular layer.
Awesome tip! Thanks.