Color correction in linear vs. gamma corrected space

Stu Maschwitz of The Orphanage has finally updated his blog with a very interesting (but short) article on

... how color simple corrections behave differently in linear floating point space.

He goes on to conclude that

It's not that you can't ever use gamma correction in linear floating point — you just have to be careful. I've found that in linear space, gamma should be the last thing you adjust, not the first, and this is very different than most peoples' current experience in clipped vid space.

Its totally worth reading if you're interested in colour-correction, but its pretty heavy stuff. I haven't read Brinkmann completely yet, so I'm a bit lost. Need to read again.

UPDATE: Wow. I got linked on the Phila Final Cut Pro Users Group blog! Thanks Mike! Specifically, greeny comments:

What they're both lamenting is a real Color Correction workflow. Oh, FCP has a quick Color Corrector; it's adequate for 95% of the people, but it's not a full color correction interface.

I should posting more analaysis of workflow issues. I still think WorkFlow Films is a kinda neat name for a production co, considering how obssessed with it I am becoming... hmm.