Yes, you can soft proof to sRGB on a wide gamut monitor. The point of having a secondary "sRGB" monitor is to check how the images look in a non color managed environment. With Lightroom or Photoshop that point is moot. --- Although I see this is an old thread revived, I'd like to add something to the original question. In terms of a monitor's usability, the sad state of affairs is that the really important properties of a monitor are never measured, and not part of the official specifications. First among these is panel uniformity. You'd think that was a given, but it's not. The Dell U2410 and the infamous red/green issue is already mentioned. I got one of those too, and returned it within 24 hours. It still amazes me that they even thought they could get away with it - the thing was essentially an expensive doorstop right out of the box. Dell got an enormous amount of bad press over this, but it wasn't just the 2410, the whole Ultrasharp line was basically a lottery. When pressed, a Dell representative on their forums admitted that they only measured the central spot of the screen, and if that was within spec, they shipped it. (And of course it isn't just Dell, that's only an example. Apple Cinema displays - and presumably iMacs - are reported affected by this too). The thing is that IPS panels (and wide gamut backlights) are pretty expensive compared to ordinary TN panels to begin with, and the target market is pretty small as it is. So to sell a "reasonably priced" IPS monitor like the U2410, some corners have to be cut. Tight tolerances are first to go. Actually, the panel in the U2410 is the same used by Eizo in their 24" Color Edge models at four times the price. Which isn't to say that all reasonably priced IPS monitors are bad. Most of them are perfectly fine - it's just that you have to be careful, and if possible try it before you buy. The risk of getting a lemon is definitely there. So given all that, I would say that wide gamut or standard gamut is way down on the list of priorities. Get a monitor that is basically healthy, that's the main thing. A good standard gamut monitor beats a wide gamut one that turns out to be practically useless.
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