I would be interested to hear more about you technical experience with stress-testing printers.
The many photographic inkjet prints on a number of paper and metal surfaces I've inspected at my local art gallery tells me this technology is similar to handing scissors to children and telling them to go play on the freeway of color fidelity. Lots of clipped color detail in the name of "art". I doubt any of them had ever heard of the term "Soft Proofing", but from the garish colors I also doubt even if they did employ it, it wouldn't have made an improvement.
My "Printer Manages Color" prints off my Epson "All In One" and those printed from Walmart in sRGB were much better and didn't use Soft Proofing. But those were of scenes that didn't require cranking up the saturation on warm colors to depict for example a western scene of a wagon train with a team of horses at sunset. The most valued and expensive component of these gallery prints I saw was the amount of ink laid out.
So much for the "pin head dance" on this subject.