Extracting shouldn't be a problem in most cases, but yes, it can be tedious and it can take quite some time.
It's all about the right tool for the right image and a lot of practice.
Don't expect any miracles with all these tools if your image looks like this
http://science.nasa.gov/headlines/im...a2001/hair.jpg
I use all kind off tools, masks, quick mask, channels, pen tool, color range, extract, etc. Using mask(s) and pen tool seem to be two most popular techniques.
Our Canon Fodder in the campfire forum shows hundreds and hundreds of images that were masked by our members (beginners or experienced). That shows that extracting an image is not all that difficult as it seems the first time...
But extracting things like hair are a challenge in most situations.
And... knowing which tool to use is one thing, but using it the right way... that takes practice.