I convert my RAW images to ProPhoto RGB color space (16 bit TIF), and complete my editing of color images in Photoshop with zero issues. My Photoshop RGB working space is set as ProPhoto. Colors are great, I've never had any banding issues, and no noticeable color shifts converting the profile from ProPhoto to sRGB (using perceptual rendering intent) for web output. So far so good 
I don't do much work in B&W but I'm confused as to what working space I should choose for Gray and Spot. Currently I have Gray set to Gray Gamma 1.8 and Spot set to the default of Dot Gain of 20%. I'm not sure if I'll ever be using these anyway, but these settings have been bugging me for awhile and I'd like to have a better understanding of the various choices and what to use given that my RGB working space is ProPhoto RGB.
Any help/insight would be appreciated.



