Is 87% sRGB sufficient for image processing for the web?

Prognathous

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I'm planning to upgrade my 22" Dell 2209WA screen (8 bit IPS) to a 27" one, and currently the Dell P2714H (6 bit + FRC) seems like the leading candidate. However, it only offers "87.2% absolute sRGB gamut coverage", and I'm not sure if this is sufficient for processing my photos. Note that I don't print, but want my photos to look good on screens, phones and projection (I'm personally using a BenQ HT1085ST). Will this screen be sufficient? If not, is there any similarly-priced alternatives which would be better for this purpose?

Thanks!
 
I would buy a native 8 bit panel instead. Regaring sRGB, in all color applications that I know of, Photoshop included, you can literally use a tool that is going to accurately change the colors of your image. If you click on the darkest point in the image, and tell it that it's black, and the whitest point white, you'll get an image with accurate colors. I think that accurate displays are not necessary, because not only being able to change colors as you go, you can also work with the histogram, and the waveform. There's a misconception floating around, that if your display is not accurate, the images won't be accurate on other people's displays either, that's incredibly inaccurate. When it comes to your projector, you may want to calibrate it, but not only that, the room it's in, and the screen used both play a huge role when it comes to picture quality.
 
Suzuki, what's the main benefit you see in an 8 bit screen compared to 6 bit + FRC? According to tftcentral.co.uk (see review linked above), the difference is negligible:

The panel is capable of producing 16.7 million colours. According to the detailed panel spec sheet this is done with a 6-bit colour depth and an additional Frame Rate Control (FRC) stage (6-bit + Hi-FRC) as opposed to a true 8-bit panel. This is a measure commonly taken on modern panels, and the FRC algorithm is very well implemented to the point that you'd be very hard pressed to tell any difference in practice compared with an 8-bit panel.
 
Color banding is noticeable. If they said that then they're spreading misinformation. Think of it like native 1080, vs upscaled 1080, both cover the same amount of pixels, but the native 1080 has got more information in the signal. The upscaled 1080 doesn't have the same amount of information in the source, so it can never get as good as native 1080. Color banding is there, but you won't see the difference unless you put the two side by side. Now what your monitor is capeable of is irrelevant, because you can make each file 100% accurate everytime using the tools given to you.