I have read the Understanding Gamma Correction article in Cambridgeincolour tutorials and other similar articles but I am slightly confused.
I understand the principle and benefits of encoding the image in a colour space eg Adobe 1998 as it encodes the tones to a gamma of 1/2.2 thereby pushing tones down to the shadows from the highlights (therefore representing human vision,and creating a perceptually uniform image,assisting in using curves,etc).
But,once you view this image on a monitor calibrated to a gamma of 2.2,it cancels out the benefit of the colour space recording,the system gamma is 1.0 and you are back to viewing an image with a linear tonal relationship .ie. half the tones in the top exposure zone,etc.
So you are losing the benefit. Yo will have a small number of tones in the shadows,you will see banding if you use significant curves,etc.
Am I missing something?