Oh, I want to click the little heart multiple times, but it won’t let me…
This is an excellent description of the situation. I learned a few things from it related to just more than the question at hand; thanks, Paul…
When it comes to color management, things are always much more complicated than expected 
Thanks @paulmiller for clarification.
Edit : Could you say if use of ICC linear profile is a safe way to get unbounded processing and secondly for archiving?