The BasICColor software does load a profile into the monitor LUT on the PA241 (bought in Canada). I downloaded the software and now when I go into the OSD I cannot change any of the color settings or much else for that matter other than things like sleep mode...blah...blah
In the options, in the software, it gives you 3 options Monitor LUT (not greyed out), hardware and software and the third is 16 bit LUT, if I recall which means video card.
It still creates a ICC profile and makes it the default in Windows. I doubt you can get by without one, even if it is a "dummy" one.
Spectraview Profiler I believe is a crippled version of BasICColor limited to NEC monitors. Not sure about that.