Yes, I did. When I open the imported “from Color” sequence in the FC timeline, the clips appear with the changes made, as well.
I do have some sections in the sequence that are only still images/title cards imported from Photoshop, which Color notifies me are unrendered before I send it back to FC (which is as they should be, since I didn’t/couldn’t alter them in Color) but I’ve been assured that that shouldn’t affect the outcome.