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Those printers that take a dozen pigment ink cartridges, give or take, can print the Prophoto colour space. If you have one of those, why would you limit yourself to sRGB?
Gawd, this thread makes one want to shoot strictly in Black & White
For those that don't know it, LR Develop module uses a wide-gamut color space very close to the ProPhoto RGB color space - Melissa RGB.
The LR color space was named after one of the LR development team members - Melissa Gaul.
We can't change the working color space of LR.
I'm not sure I'm following you on this. You do choose the "process version" in LR which dictates how the raw data is represented in LR. And I use XRite to create my own profiles, which also affect color rendering. What we work on in LR are proxies, created for our screens to approximate what the output will look like. It's not until we output (print or export, for instance) that the raw image data is rendered into the final color space and resolution. Unless I'm missing something (entirely possible).
Those printers that take a dozen pigment ink cartridges, give or take, can print the Prophoto colour space. If you have one of those, why would you limit yourself to sRGB?
How wide is the gamut on these decahexawhateva printers? I might be out of date here, but I just have a hard time seeing any subtractive space covering all of sRGB. Maybe certain areas??
Agree with everything you said, except that process version does affect the way the raw is rendered in addition to how the sliders work. The link you shared says as much, but you can witness it, too. If you load an image, apply no adjustments to it, and switch the process you will see a change in the way it is rendered.
So, no, until we have subtractive monitors (which is possible, though maybe not very practical - at least not for prepress and photography), you'll NEVER ever get a print that looks and feels exactly like the monitor.
The ONLY way to get a as spot on as possible is a complete, custom setup, which is pretty expensive.
X-Rite i1Photo Pro 2 Color Management Kit EO2PHO B&H Photo Video