I'm working on both a Windows Vista 64bit machine and a new IMac. I have the same problem on both and have compared soft proofing on both CS 4 & 5 and there seems to be a difference.
Scenario:
1) Process a raw nef file in Camera Raw, open as 16bit file, ProPhoto color space 300 dpi
2) Set CS 4 & 5 color settings to ProPhoto, rendering intent Perceptual
3) Once done save file as 16bit layers tif Pro Photo
4) Flatten Image /convert to 8bit/ Adobe RGB ( for magazine art directors)
5) When soft proofing in CS4 as Adobe RGB color does not change and no gamut warning ( I can see a gamut warning when I change proof setup to sRGB)
6) In CS5 I get a drastic color change when I soft proof the same file with Adobe RGB proof set up AND when I select Gamut Warning, the image darkens back to what it normally looked like before I tried to soft proof.
I have a attached a file so you can test in CS 4 & 5 and see for yourself.
This has been very frustrating because there is no way to proof the color space in Camera Raw and even I open the image as a smart object from Camera Raw, if I try and adjust for the soft proofing image, when I go back into camera raw, the color looks correct.