I had an interesting chat with Adobe about how they implemented the colour management of footage in Adobe Premiere at IBC. They seem to realise that the way it is implemented by default isn’t very popular, that it isn’t well documented and not particularly well implemented. So things will revert back to everything being handled as Rec-709 in a Rec-709 project by default in the near future. This will come very soon (it may already be in the public Beta but I haven’t checked). This does of course mean that once again your Log footage will look flat, which is actually incorrect, Log is not flat, you are just viewing it incorrectly. Those delivering in HDR will have to figure out how to best manage their footage so it isn’t unnecssarily restricted by passing through a Rec-709 project/timeline and most will end up using LUTs with all the restrictions that they impose once again. Perhaps Adobe will return to colour management in the future once they have figured out how to implement it in a more user friendly way.