I think the issue is that one takes the picture of a rose at some exposure with no clipping when converted to some RGB, and then one increases exposure optically (with no exposure compensation in software) and sees clipping.
Of course, but that isn't ETTR - that is just over exposing. It is a well known characteristic and is the basis for muted colors in high-key images (or low-key images for underexposing). Nothing new here, and nothing related to ETTR.
If that can really happen, and if that is what 01af is saying, then I think it is important that one should be aware of it.
If that is what 01af is saying then he is correct, and this has been known well before digital. I can't imagine anyone not being aware of it already. Almost all practical output color spaces have the most saturated colors near middle gray. If you want saturated colors it is best to target those colors for a mid-gray exposure in the output. People did that with Kodachrome for ages and ages. Very old news.
This isn't relevant at all to ETTR assuming your ETTR exposure doesn't clip any RAW color channels (outside of specular highlights). What it is relevant to is your output color space which occurs after exposure adjustments have been made to the RAW data. When exposure compensation is applied in the RAW converter the output tones will be back in the widest part of the gamut. If there was no channel clipping these exposure compensated channel levels will be identical to those of a "normal" exposure and the output gamut at that tonal level will be the same. There will just be lower photon shot noise in the ETTR exposure, the whole point of ETTR.
What Gullermo and Emil are saying is fine, but they are operating on a preconceived notion of doing exposure adjustment in software to arrive at a predetermined result.
But that is the notion of ETTR - expose above your intended output exposure if there is headroom to spare. If you aren't doing exposure adjustment in software then you aren't doing ETTR, you are just following the camera metering.
There is no rule in the world that suggests what exposure adjustment to do in software. A user is free to do no exposure adjustment, or worse increase exposure for development, with the possible caveat of clipping occuring.
Of course, again high-key and low-key photography. It isn't limited to software at all either. This decision is made in camera with transparencies, at printing time with negatives, in PP or in camera with JPEGs, and ideally in the RAW converter with RAW images.
I just don't see how any of 01af's discussion or your points here are relevant to ETTR. We are now talking about color representation in the processed photo after artistic decisions. That has little if anything to do with ETTR. ETTR is simply getting the lowest noise photon counts without introducing non-linearity (clipping) for any relevant scene detail. It is a fairly mechanical process. The question of output exposure comes afterwords and is independent of whether the exposure was "normal" or ETTR.
af01 hasn't been very clear about what issue he is addressing. If it is about output color spaces and the limited gamut width in the highlights and shadows, well then "duh", I don't think anyone is going to consider that news. If he is claiming that an ETTR exposure without clipped RAW channels has a restricted gamut compared to a lower exposure after both have been properly exposure compensated in the RAW converter then he is flat out wrong - plain and simple.
Ken