I was just reading a post from Colin about color space (related to Firefox).
there, he mentioned that given the 8 bits encoding for each primary color, we got a max number of combination of 16 millions or so...
now, given that encoding is the same on any color space, if you have a large gamut color space (say ProPhoto), maybe you get more possible colors , but you are also spreading those values to reach those corners of the gamut...
so if you have a pic that has lots of variations around the same color, I would think that all color variants would not be encoded in a large Gamut color space, but could actually gain using a smaller gamut, bc there will be more possible encoded values into that small color variation spectrum...
did I miss anything?
Vincent