Benjamin de Menil wrote:One question I have - are my grade nodes between the two transforms essentially working on log encoded images? Or is it that the WG/intermediate color space is is too wide gamut for my monitor, so it looks drab unless the end transform to rec709 is engaged?
Grading should indeed happen between the two conversions in the log working space. Your conversion to 709 should not be disabled of course. This is your target deliverable display which you match your monitor to.
Benjamin de Menil wrote:I also have the following question. Why is it necessary to transform to rec709 on a final node, when the timeline settings already specify an output of rec709? Am I making a mistake by doing that transform twice?
If you're using DaVinci YRGB as color management, this is a manual management mode where Resolve itself does not apply any conversions. The timeline option is only for Resolve to understand which space you decided to grade in. This matters for making sure node conversions are correctly applied. (converting nodes themselves to a different color space/gamma by rightclicking them), the color managed tools like HDR wheels and color/chroma warper and CSTs utlilize that setting if you pick Use Timeline in the dropdown. The output space you pick is there in order to let Resolve know the output space for sake of file tags on exports and the scopes.
When using Resolve Color Managed with say the HDR DWG/Intermediate preset, the conversions you'd do with CSTs are done automatically and additionally, non detected media need to have their input color space manually selected by right-clicking the media. With RCM the conversions are hidden and all grading happens in the timeline space without the ability to place nodes before or after.
There is no right or wrong approach between the two, just preference. One benefit of using RCM is that you can view your media in the source viewer with conversion already applied to it rather than viewing log.
My personal preference is manual management however since it gives the most control over what happens when and how.