Bruce Lindbloom, the one expert that people seem to agree on is actually an expert, seems to back up what joofa is saying, with the limited set of conditions that agree with what joofa posited at the beginning.
Bruce Lindbloom did NOT back up what Joofa was saying. He said...
"If one takes the position that AdobeRGB blue lies outside the gamut of ProPhotoRGB, then one must also agree that the AdobeRGB grayscale (R=G=B) is not neutral."
Then he says...
"I believe that all of the reference RGB color systems share the basic premise that R=G=B is neutral."
And finally...
"If one agrees that R=G=B is neutral for both profiles, regardless of the reference whites, then chromatic adaptation must be used to bring them both to the same reference. In that context, AdobeRGB blue lies inside the gamut of ProPhotoRGB."
It’s crystal clear that this doesn’t support Joofa’s position. What Lindbloom said is correct...if you perform Joofa’s color conversion of a neutral midtone, such as middle gray, then the result is not gray. Joofa is taking one color, damaging it in the conversion, and then making claims about the damaged color. The claims are true, but no one cares about damaged color conversions, as they serve no purpose.