Monitor color vs. sRGB

Question

Hello!
So I finally calibrated my Dell U2410 monitor with a colormunki display and the results were very good. The only thing tho is that when I upload an illustration made in PS CC to, say, deviantart or imgur or whatever, the colors are a bit of. Generally it's the warmer part of the spectrum that gets a bit washed out for some reason. I solved this by setting my color settings in PS to Monitor Color instead of the standard sRGB and now it looks perfect. My questions is: is there some downside to using Monitor color? Or will I run in to trouble if I, say, need to print something? I guess I need to convert my old .psd files to my new color setting?
Thankful to any answer!

Answer 1

is there some downside to using Monitor color?
Apart from making a mockery of Color Management?
• Basically you are circumventing Color Management that way – instead of creating images in one (or a few) RGB Color Spaces whose display is corrected according to the monitor profile you are passing the RGB values to the screen directly (as long as the image’s profile is the current monitor profile).
• Please consider that a monitor profile is but supposed to represent the "current" state of your ageing/changing monitor and and you are expected to create a monitor profile anew at intervals and subsequently the images you create would have many different Color Spaces as time goes on.
If you base Color Management decisions on the display of images in non-Color Managed applications (as you don’t mention which browser you used to display the pages mentioned I suspect they may be or even whether you embedded the profile in the images) you may want to do some more reading on the issue.