Thanks IanT and IanS for your excellent replies. That all makes good sense.
An important thing to mention/admit is that any photo/video of mine should stand up by virtue of its meaningful content/story/feeling rather than its colour gamut. After all, I like to make obscure, blurry, dark images, and so gamut has to be relatively unimportant!!!
That being said, I'm still interested in what I might be losing if I buy an sRGB display. And the unease behind this is that my old iMac display has always looked gorgeous. My son is a PC gamer and his monitors are very fast and expensive and sRGB, and I don't like how they render images. I also have a linux box with an sRGB monitor. Images look poor there as well. Yet my iPhone looks gorgeous, so what is going on??? Is it just that Apple devices have pimped colours?
After scouring the internet, I found something interesting that I'd like to share with you - for you to view on your computer screens and your phones, please. I think your phones will fare well, but that's a guess. On the following link you'll find an image of coloured squares representing colours outside of the sRGB gamut but inside P3. Inside each coloured square is a circle with that colour clamped to sRGB. So... if your display is sRGB you won't see any inner circles as the whole of the square will get clamped by your display. If your display gamut is wider, however, you will see the circles. I can switch my iMac display from sRGB to P3 and sure enough the circles appear when in P3; when switched to sRGB they disappear!
Please visit this retro web page and take a look. I'd be very interested in finding out how it works for you.
http://endavid.com/index.php?entry=80Thanks, Tej