So re-reading this old thread, what is the recommended path for getting best out of i1 profiler now
Start with an excellent calibration (ink densities set optimally for chroma peaking, and perfect linearization) and you'll get perfect profiles from i1P. Calibration and profiling are two different pieces to the puzzle that must fit together to get optimal results.
Now, if you're using a RIP there are ways an analyzing the ink densities and developing optimal linearization curves externally and then using them in the RIP but we won't go go down that rabbit hole here. If you're using the driver you may need to do some experimentation to determine what the optimal settings are for a given media. Again, too much to go into here.
i1Profiler makes awesome profiles. If you're having problems with Dmax then that's a calibration problem, IMO, not a profiling problem. Don't blame the profile if it's the calibration (driver) settings that aren't right. Yes, PMP may have delivered better Dmax from a poor calibration but there are problems with PMP's approach too, namely colorful blacks. The bottom line for me is that if you're using optimal driver and or RIP settings you'll love the blacks you'll get from i1Profiler profiles, especially with Perceptual.
use Sat or Colorful intent?
Perceptual.
increase ink density +5/10/15% on the Epson panel?
Again, you may need to do some testing to determine the optimal settings for a given media. More is not necessarily better! If you have the tools, chart the chroma of the CMYK channels and look for the peaks. This is an advanced topic and a rabbit hole... If you don't have the tools, I wrote an article years ago about a beginner's approach to determining optimal media settings in a printer driver with the need for a spectro here:
http://www.on-sight.com/how-to-determine-the-optimal-media-selection-for-any-paper/ It doesn't mention the ink density slider in the Epson driver because it didn't exist back then, but you get the idea and can include this slider in your testing.
reduce or increase the smoothness slider?
I'll save you the hassle of a lot of testing and encourage you to just set it to 70.