Thanks for the information. I’ve been living in a Rec709 world for a long time and am just getting my feet wet in the big wide world of large gamuts. The Resolve is an affordable color corrector but it still requires a large investment to work with these higher end workflows still it seems.
So even though the Dolby monitor can show the P3 color space it is not recommended to grade on since nobody would see it on that type of device?
From what I understand going from XYZ from P3 is not much of a change since XYZ is the visible part of the P3 Color Gamut? So a 3D LUT may be all you need for a conversion to a DCP? Then if you do a Rec709 version of the film you need to do a color pass on the movie since a 3D LUT may not be enough to convert the color spaces?