Traditional all the way, baby! (except doing touch-ups in photoshop)
My process: Vomiting out a crude thumbnail on whatever paper I can get my hands on, usually scrap paper or sticky notes I filch from work. Then I draw the basic page layout on bristol board, ink the boarders, flesh out the contents, ink contents with blue pen (except speech bubbles, FX, and motion lines are black), colour everything with colour pencils, then re-ink everything with black, sepia, and blue pens. Scan the page, and since gel pens don't like colour pencils, I add shines in photoshop as well as do the final touch-ups. Then BAM! The page is done!
Tip: If you go for colour pencils be careful with Prisma Color Verithins, they scratch the page and break easily. I've managed to avoid breakage by using an electric pencil sharpener, but scratchy pencils are unavoidable.