Yellow, thanks for the great info. It's very interesting to know all the details behind the artistic and creative process.
The final step is that we all want our pictures to be looked at in the full dynamic range. So if a output device expects a YCC signal/file (range 16-235), it will correct the range for optimal view. When an output device expects a RGB signal/file (0-255), it's already at it's full range. So it all goes wrong when there is an RGB signal or file with a range of 16-235, the output display will not correct it properly. Or there is an full range YCC signal and the display will show it clipped.
Is this correct? Then it all comes down to knowing the final play out and working in that dynamic range. Encoding on final export or on ingest doesn't matter, as long as all the proper flags are tagged in the metadata of the files.