funk wrote:Thanks for looking into this abstrax. I appreciate your time

Are there any disadvantages to making the white point match at gamma 2.2?
Not really. It's just a design decision.
Personally, I'd just like the saved EXR to match what I see in Octane when I load it into photoshop, no matter what gamma (or other settings) I set.
I edited my previous post and added the a third option: We could remove the white point correction alltogether from tonemapped images. This is how it would look like (note how the image gets darker for gamma < 1 and brighter for gamma > 1):
Gamma 0.5 - no white point correction:
Gamma 1.0 - no white point correction:
Gamma 2.2 - no white point correction:
For comparison, this is the current behaviour, applying a white point correction for tonemapped images:
Gamma 0.5 - with white point correction:
Gamma 1.0 - with white point correction:
Gamma 2.2 - with white point correction:
In theory there is no difference between theory and practice. In practice there is. - Yogi Berra