Simon,
I missed your post. On another page.
When I talk about colors in this way, I mean the primary colors R,G and B. Those can have a maximum value of 255 in a 8-bit colordepth. And a screen should emit light with a wavelength for those primary colors within its colorspace.
But when you use a monitor with colormanagment, your Adobe picture will be translated to sRGB. And since PP is mostly based on visual judgement, I can't see any difference.As you can see from the diagram of colour spaces above, Adobe RGB can represent a greater range of colour than can sRGB. If you use 8-bit encoding, then each colour space uses 3 values in the range 0 to 255 to represent colours. Using 3 8-bit numbers to represent colour gives around 17 million possible combinations. In the case of Adobe RGB, those 17 million combinations represent a larger range of colour.
From post 49.
The only way to avoid your first problem seems to me a larger bit depth. That's why never shoot in JPG. Nikon NEF is 12 or 14 bits, creating a raster file with the same bit depth in Capture. Than you're working with smaller steps. I still wonder, if I divide a larger range, let's say Adobe in 255 steps, than those steps will be bigger as when I divide a range of sRGB in 255.I think it can be beneficial to shoot raw and post-process in a wide color space but use a standard-gamut monitor (which most people shooting in raw probably do). IMHO the benefits of processing in a wide color space are:
to avoid distortion caused by clipping from processing in a narrow color space
future proofing - one day I might want to use a wider gamut monitor, or print on a printer capable of wider gamut
You're right. I'm learning.
George