Sorry guys. It’s not another question about aces <> rec709 transforms and its issues. My ask is only about colour or data loss perspective. Are they that kind of conversions considered as “losless” ? or kind of lossy maybe?.
My idea was if rec709 it’s a much smaller colour space, the gamut is “cropped” destroying data colour, like resizing resolutions. That was clear for me, but today, after a long chat with some colleage, and reviewing some video , I’m not sure. Always considering the color transforms in 32bits ( 16bits should be enough? ) could we consider the way between aces to r709 like a two- way street to go and back between these colour spaces?
You lose info in the round trip conversion. (709>Aces>709) In my opinion, for tv spots, it doesn’t matter. Whenever I do a visual blur (rather then just a touch of blur on a matte, or something to take the edge of a phone graphic) I do the round trip with no problems.